Oil Rigs Surge to 488: Wall Street's Blind Spot on the Jobs Boom of 2025
Why the Permian's Flat 304 Rigs and Chevron's layoffs are a Hidden Hiring Issue You Can't Ignore
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Oil News Podcast- Feb 23, 2025
Last night, I dropped a chart that had oil heads doing a double-take: the Baker Hughes rig count for February 21, 2025, revealed U.S. oil rigs jumping 7 week-on-week to 488 (was it just SCOOPS?), while gas rigs slipped 2 to 99, and Permian rigs stayed stubbornly flat at 304. Wall Street’s too busy sipping overpr…