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PS - Natural gas producers pump the brakes amid slump - January 2020
Natural gas prices have started the year in the toilet, falling below $2/MMbtu. It didn’t come as a surprise as the outlook was not good for gas, and temperatures across the nation have spent most of the winter above average. With an emphasis on fiscal responsibility, operators’ 2020 plans are a sign of the times. Range Resources is spending 29% less on capex in 2020 compared to 2019 and focusing on paying down debt.......
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