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Canada’s drilling rig count decreased by 24 actively drilling rigs according to data collected by Baker Hughes for the week of September 7th.
From one week ago, Alberta rig counts decreased 16 to 144 and the Saskatchewan rig counts decreased 7 to 41.
Oil drilling went down 18 to 133 and gas decreased 6 to 71.
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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