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    Environment and Energy

    Active Gas & Oil Rig Counts in U.S. and Canada

    Written by Brett Linton


    The number of active U.S. rotary drill rigs was relatively unchanged this past week, while the Canadian rig count declined, according to data released by oilfield services company Baker Hughes. The rig count is important to the steel industry because it is a leading indicator of oil country tubular goods demand.

    SMU Note: Our last Community Chat Webinar featured energy expert Rick Preckel, partner at Preston Pipe, who discussed the improvement of the oil and gas sector and more. Click here to view the article covering his comments.

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