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Some short-term price relief could be on the horizon for North American natural gas producers...

Some short-term price relief could be on the horizon for North American natural gas producers due to tightening inventories, rising demand from power generation, and less gas-directed drilling, Peters & Co. says in a new report. Injections into inventories are 36% below last year’s levels, summer power demand is up 20%, and the U.S. nat gas directed rig count is down 52%.
Comments (1)
  • The Patriot
    , contributor
    Comments (320) | Send Message
     
    the best cure for low prices -are low prices.
    6 Sep 2012, 10:06 AM Reply Like
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