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Canada’s drilling rigs decreased by 3 to the current count of 219 actively drilling rigs according to data collected by Baker Hughes for the week of December 8th.
From one week ago, Alberta rig counts decreased from 162 to 160 and the Saskatchewan rig counts decreased 32 to 28.
Oil drilling went up by 1 to 112 and gas rigs went down 4 to 107.
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COMMENTARY: Taxes and Regulations Will Increase the Cost of Producing New Energy In Alberta, Making it Less Competitive Than the US – Jack Mintz