• U.S. drillers expected to slash oil & gas rigs to lowest ever

    U.S. drillers expected to slash oil & gas rigs to lowest ever

    The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week – reflecting data going back 80 years – as the energy industry slashes output and spending to deal with the coronavirus-led crash in fuel demand. Last week, the U.S. rig count was just four …
  • Here’s what Trump should do about falling gas prices

    Here’s what Trump should do about falling gas prices

    How’d you like some good news for a change? Here it is: The price of gasoline is tumbling and this week the average in the US should go below the $2-a-gallon level. That’s a cruel irony, of course, because part of the reason for the drop in prices is that Americans and drivers throughout the …