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US oil and natural gas rig count drops by 3 to 885

HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885. Houston-based Baker Hughes said Friday that 659 rigs were seeking oil and 222 explored for natural gas. Four were listed as miscellaneous. A year ago, 1,857 rigs were active. Among major oil- ...

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Oil prices to face selling pressure

PETALING JAYA — The recent oil price rally doesn’t seem to have legs as prices came under pressure on stronger dollar and growing stockpile. Oil prices have been hovering around the US$65 level since beginning of the month but a 3 per cent slip on Tuesday caused jitters among investors. The worry is not baseless. There is no indication that ...

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North Dakota parole, probation officers see surge in cases

BISMARCK, N.D. — North Dakota’s robust economy, growing population and more money dedicated to cracking down on crime has led to a record number of people on parole and probation, putting additional strain on the officers who must monitor them, officials say. “Absolutely, we’re struggling,” said Leslie “Barney” Tomanek, director of the state Department of Corrections’ parole and probation division. ...

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US oil and natural gas rig count drops by 6 to 888

rig

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 888. Houston-based Baker Hughes said Friday that 660 rigs were seeking oil and 223 explored for natural gas. Five were listed as miscellaneous. A year ago, 1,861 rigs were active. Among major ...

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2014 ND taxable sales, purchases set record at $28.2 billion

BISMARCK, N.D. — North Dakota’s taxable sales and purchases increased 11 percent in 2014 to a record $28.2 billion. State Tax commissioner Ryan Rauschenberger (RAW’-shuhn-bur-gur) says the report released Tuesday “shows a continuation of rapid sales growth.” Taxable sales and purchases are a key indicator of economic activity in the state. And Rauschenberger says 10 of North Dakota’s 15 economic ...

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