'Short-Term Folly': U.S. Adds 38 Percent More Oil and Gas Rigs

EcoWatch
By The RevelatorFeb 10, 2018, 10:00 am262 pts
By John R. Platt The number of oil and gas rigs in the U.S. has increased an astonishing 38 percent over the past year. That's according to S&P Global Platts Analytics, which reported this week that the country had 1,070 rigs at the end of January , up from just 773 a year earlier. Experts expressed fear that…

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