Low natural gas prices cause industry shift

 
BY JAY F. MARKS jmarks@opubco.com
Published: January 25, 2012

The oil and natural gas industry is thriving, thanks to a dizzying array of technology that helps producers pinpoint new resource plays or reach reserves that could not be extracted just a few years ago.

But some of those companies have been undone by basic economics.

Natural gas prices have sunk so low that many industry observers say it is not economically feasible to continue drilling for it.

Economi...


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