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More evidence that producers are retreating from natural gas drilling, as Baker Hughes (BHI)...
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Monday, July 9, 2012, 7:59 AM ETMore evidence that producers are retreating from natural gas drilling, as Baker Hughes (BHI) reports the number of drilling rigs actively exploring or developing oil worldwide in June rose 4.5% from May and 7% Y/Y, and for the first time since 1990 the international count included Iraq, which helped offset the month-to-month decline in U.S. rigs.
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