U.S. oil drilling slumps, domestic production at risk

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U.S. oil drilling slumps, domestic production at risk
      

A slump in U.S. oil drilling activity due largely to weak prices could thwart the Obama administration’s goal of cutting crude imports by putting a dent in future production, analysts have said.  Below are graphs showing the decline in the number of rigs actively drilling for oil.

 


         

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