NEW YORK (AP) — Chesapeake Energy Corp. says it will drastically cut drilling and production of the fuel in the U.S. as decade-low natural gas prices have made some drilling operations unprofitable.
The second largest natural gas producer in the U.S. said Monday that its planned 8 percent production cut means the country as a whole would produce the same or slightly less natural gas in 2012 …
No comments:
Post a Comment