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The number of rigs drilling for natural gas in the U.S. edged higher for the second straight week, Baker Hughes' weekly rig count says, as the recent rally in gas prices could be tempting some producers to bring on more supply. Gas rigs rose by two to 379 after posting a 14-year low of 375 two weeks ago. Oil rigs fell by 16 to 1,371 after climbing near a five-month high last week.

The number of rigs drilling for natural gas in the U.S. edged higher for the second straight week, Baker Hughes' weekly rig count says, as the recent rally in gas prices could be tempting some producers to bring on more supply. Gas rigs rose by two to 379 after posting a 14-year low of 375 two weeks ago. Oil rigs fell by 16 to 1,371 after climbing near a five-month high last week. Post your comment!

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