Survey: Industry believes natural gas prices have hit bottom
Published: February 27, 2013
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A new survey suggests the vast majority of North American exploration and production companies believe natural gas prices have hit bottom, The Canadian Press reports.
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The report by RBC Capital Markets and the Economist Intelligence Unit looked at the economic effects of growing shale gas production.
A whopping 87 percent of exploration and production market participants surveyed predict natural gas prices will stay the same or increase over the next two years.
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