Producers Moving to Crude?
The WSJ has an interesting article on how small natural gas production companies are expanding their focus on oil exploration and development, contrary to a recent move made by Exxon Mobil. "The contrasting moves highlight the conundrum facing natural-gas producers and investors: Gas appears likely to become a favored fuel over the long run, because it is seen as a cleaner and more environmentally friendly fuel, but its near-term prospects are limited by a glut of supply and weak demand."
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