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Low Gas Prices Force Drillers to Shut Down Wells

Governments counting on the cash and jobs bonanza from shale drilling might soon be out of luck, as a long period of very low gas prices is causing drillers to shut down wells. Chesapeake Energy, Conoco-Phillips, Noble Energy and Consol Energy have all announced plans to cut back spending and close off wells. Low prices deflate natural-gas rush P ...

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