WASHINGTON (AP) – It’s the political cure-all for high gas prices: Drill here, drill now. But more U.S. drilling has not changed how deeply the gas pump drills into your wallet, math and history show.
Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand. The number of U.S. rigs drilling for crude ...
Archie Kennedy, managing director of Nexen Petroleum’s UK business unit, recently called on industry and government to keep a close eye on the situation. “[Exploration drilling] is very much the ...
The number of total oil and gas drilling rigs in the U.S. fell by 2 to 537, the lowest total since October 2021 and posting its 11th consecutive weekly decline, Baker Hughes reported Friday in its ...
WASHINGTON — Florida's Republican-dominated congressional delegation is urging the Trump administration to drop a plan that would allow new oil drilling for the first time in decades off the state's ...
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