Baker Hughes Inc. never stopped counting oil rigs in North Dakota, but in 1998 the company removed the state from its list of those with major drilling activity. The list is widely disseminated by the media.
Baker Hughes at the time cited a lack of drilling in North Dakota. The company does not have figures for [...]

On his second visit to Saudi Arabia this year, Saudi leaders told President Bush they see no reason to increase oil production until customers demand it.
Saudi oil minister Ali al-Naimi said the kingdom decided on Saturday to raise production by 300,000 barrels, at the request of customers, and that increase was sufficient.
According to the Organization [...]