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Falling Prices May Halt Shale Ru...

2015-01-18 12:51:41| Oil & Gas - Topix.net

Gastar Exploration is among several companies cutting their drilling forecasts for this year, a sign that lower natural gas and oil prices are starting to hit home in the Marcellus and Utica Shale region. The spot price of natural gas is nearing $3 per thousand cubic feet, the lowest it's been since it fell below $3 per Mcf in mid-2012.

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