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Enjoy low gas prices now; sticker shock could be down the road

2016-02-23 03:28:06| Oil & Gas - Topix.net

The International Energy Agency said Monday that a drop-off in drilling activity is reducing future oil stockpiles. The result will be higher prices next year and beyond because of supply-and-demand imbalances and the inability of idled rigs to restart quickly once the market turns up again.

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