How Low Can Natural Gas Prices Go? - trackseekingalpha

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How Low Can Natural Gas Prices Go?
Aug 27, 2009 11:28 AM UTC

trackseekingalpha

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Symbol	Sentiment	Start	Return	Closed
NG	n/a

Via Long Investment Ideas from Seeking Alpha:

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Recent reductions in natural gas (NG) price may be related to continued strength in production capacity, specifically in unconventional shale gas fields. The Potential Gas Committee estimated U.S. reserves are 35% higher than just two years ago, thanks to new technology that has allowed producers to drill for gas in shale rock. The committee estimated the country's total natural gas resources at 2,074 trillion cubic feet, an increase of 542 trillion cubic from its last report.

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