
Has the oil and gas slump hit bottom? Analysts take a ‘wait and see’ approach
By Rob Nikolewski │ Watchdog.org After 29 straight weeks of declines, the rig count for U.S. oil and gas operations has gone up for two weeks in a row. While the reversal is offering some hope the industry’s downturn since last November has finally hit bottom, energy analysts aren’t ready to start popping champagne corks. […]