12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | 12/31/2010 | |
---|---|---|---|---|---|
Active Rigs | 169 | 187 | 183 | 197 | 156 |
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Graphs and Headlines
A reader spotted this.
Look at this graph:
Now, look at the headline at the link.
In case the link breaks, or the story is archived, here's the headline:
US Oil Rigs Are Shutting Down Like CrazyAnd here's the narrative: "Here is the chart for US rig use, which now shows a noticeable drawdown over the last month, even on a 14-year time scale."
Really?
One of the comments: