|Out of service oil rigs.|
Enjoy low gasoline prices while you can, they are not going to last,
Oil rigs in operation are declining dramatically and oil production won't be far behind.
The number of U.S. oil rigs fell by 26 to a total of 439 in the latest week, oil-services firm Baker Hughes reports, marking the ninth straight week of declines. The number of rigs has fallen by 606 from a year ago.