Chevron Slashes 23% Of PA Workforce As US Rig Count Collapses To June 2010 Lows
February 01, 2015 at 03:49 AM EST
For the 8th week in a row (something that hasn't happened since June 2009), US total rig count plunged. This week's 90 rig drop to 1543 is the largest so far. Oil rigs are down 94 to 1223 - lowest since Jan 2013.
