The
Anglo-Australian
mining
behemoth
is
to
reduce
its
rig
count
on
shale
operations
in
the
country
and
wait
for
gas
prices
to
climb
from
current
lows,
Reuters
quoted
petroleum
boss
J
Michael
Yeager
as
saying.
"Our
approach
is
the
same
as
everybody
else's.
We'll
scale
back,
reduce
rig
count
and
wait,"
the
news
wire
quoted
Yeager
as
telling
media
in
Australia
on
Monday.
"We
will
end
up
spending
this
year
in
the
US
onshore
a
little
less
than
the
$4
billion
that
we
(said
previously),
mainly
as
a
result
of
backing
off
from
the
gas,
but
I
think
it's…
