Friday, January 23, 2015

Bloomberg: Oil Rigs in U.S. at 2-Year Low as Bakken Drillers Bail

From Bloomberg, Jan 23, 2015, 7:17:21 PM
Jan. 23 -- Daniel Yergin, the Pulitzer Prize-winning oil historian and vice chairman of IHS Inc., talks about global oil markets and the death of Saudi Arabia's King Abdullah bin Abdulaziz Al Saud. He speaks with Tom Keene from the World Economic Forum's annual meeting in Davos, Switzerland, on Bloomberg Television's "Surveillance."

Rigs targeting U.S. oil slid to the fewest in two years as explorers retreated from North Dakota's Bakken formation at the fastest pace since the nation's shale boom took off.

To read the entire article, go to http://bloom.bg/1upDz4d

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