Chesapeake CEO: Dramatic natural gas price rebound expected

 
BY RANDY ELLIS
Published: May 6, 2009

Current low natural gas prices are setting the stage for a dramatic price rebound that should begin this fall or winter, Chesapeake Energy Corp. ’s chief executive officer told analysts Tuesday.

"Today’s gas prices are clearly not strong enough to support a North American rig count that is high enough to prevent a very severe and unprecedented decline in North American gas production,” Aubrey K...


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