Stick With Oil: Natural Gas Prices Still Far From Covering Production Costs
- Wednesday, July 25, 2012, 2:05
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The rift between crude oil and natural gas prices continues to widen. While the former tanked and the latter surged, companies with greater exposure to oil look promising to investors, while those more heavily skewed toward natural gas production are burning through their cash as low prices render projects economically unviable, according to Standard & Poor’s.
http://www.forbes.com/sites/afontevecchia/2012/07/23/stick-with-oil-natural-gas-prices-still-far-from-covering-production-costs/
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