US Rig Count Drops To Another All-Time Low

Grace Hood/CPR News
A drilling rig operates right next to I-25 on Nov. 3, 2015 just north of Longmont.

The number of rigs exploring for oil and natural gas in the U.S. dropped 14 this week to 450, another all-time low amid continuing energy industry price woes.

A year ago, 1,028 rigs were active.