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Natural gas continues to slide, off another 3% today amongst abundant supplies and a mild...
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Thursday, January 12, 2012, 12:44 PM ETNatural gas continues to slide, off another 3% today amongst abundant supplies and a mild winter. With pipelines full, Goodrich Petroleum (GDP -6%) is just flaring gas off as it drills for oil. "Nearly all U.S. gas drilling is uneconomic," says Jon Wolff, expecting significant declines in production this year. "The market needs a rest," says CHK CEO Aubrey McClendon.
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