- Natural gas drilling is coming back in a big way, Bloomberg says.
- This week alonne, the number of rigs targeting gas surged almost 12% - the biggest percentage gain since 1993, as prices climbed.
- Gas bulls are betting that a frigid winter will drive demand for the heating fuel soaring.
- Dry gas production is poised for a “renaissance” in the coming months, Andy Weissman, CEO of energy analysis company EBW AnalyticsGroup, said in a note to clients Friday.
- See chart: Rig rebound
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