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Steady Natural Gas Rig Count Might Be Trouble for Prices

Steady Natural Gas Rig Count Might Be Trouble for Prices

The natural gas rig count was at 198 last week, which was unchanged from the previous week and just two less than the highest level in 2018 since September 2015. The natural gas rig count has fallen ~87.7% from its record level of 1,606 in 2008.