States are shutting down oil rigs at alarming rate – Gizmodo

States are shutting down oil rigs at alarming rate – Gizmodo

RIP to platforms.Photo: Karen Bleier (Getty Images) The pandemic has dramatically reduced demand for oil and gas, and new analysis shows producers are reacting to the decline. Businesses are idling the tools that help them harness fossil fuels underground, slow down exploration. According to the oil service company Baker hughes, the number of operational platforms […]

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