The number of rigs drilling for natural gas in the U.S. rose for a third straight week, climbing...

|By:, SA News Editor

The number of rigs drilling for natural gas in the U.S. rose for a third straight week, climbing by seven to 362, but the count still hovers just above 18-year lows, according to Baker Hughes' latest data. Oil rigs fell by four to 1,391 and off from a nine-month high of 1,413 four weeks ago. Don't mess with Texas: The state has 832 rigs drilling for oil or gas, 47% of all U.S. rigs and a quarter of all rigs worldwide.