Obama Says The U.S. Has A “Record Number Of Oil Rigs" And "More Working Oil And Gas Rigs Than The Rest Of The World”

Raoul LeBlanc  |  PolitiFact Florida
1 March 2012

"In my mind, 1981 probably was the peak," said Raoul LeBlanc of PFC Energy, a consulting firm to industry and investors.

But LeBlanc and other experts said rig counts going back that far can be deceptive.

"Those rigs were different rigs than they are today. The ones today are more powerful and can do more and drill more wells and drill them faster," LeBlanc said.