U.S. Oil, Gas Drillers Hold The Line During Holiday Week The number of oil rigs held fast at 483—down by 17 compared to this time last year. The number of gas rigs also stayed the same, at 102, a loss of 18 active gas rigs from this time last year. 12/27/2024 - 4:19 am | View Link
Treasury Secretary Janet Yellen speaks to reporters during her trip to China. Pedro Pardo/AFP/Getty ImagesTreasury Secretary Janet Yellen wrote a letter to House Speaker Mike Johnson Friday. In it, she warned that the US would breach its debt limit as soon as January 14 unless Congress acted. The Treasury Department will begin taking "extraordinary measures" to avoid defaulting on debt.