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Drill, baby drill is looking more like chill, baby chill.

From Marketplace, I'm Sabri Beneshire, in for David Brancaccio. How many active oil rigs would you

guess there are in the U.S. Well, we are going to find out later today when oil services

and technology company Baker Hughes releases its U.S. rig count. But as of last week, there were

around 420 active rigs, which is low, like pandemic-era-level low.

And the number of rigs has been falling fast the past few months.

Now, during the pandemic, the reason was obvious.

The whole shutdown thing was dragging down demand for rigs.

But what would be doing that now?

Marketplaces Elizabeth Troval has that.

The towering steel rigs used to drill oil and gas wells cost producers tens of millions of dollars.

And Dan Pickering with Pickering Energy Partners says right now in the U.S.

...