Canada Natural Gas Rises on Speculation Rig Drop Will Cut Supply

Submitted by Kate on December 21, 2011 - 8:21pm
Bloomberg

Canadian natural gas rose on speculation that a reduction in drilling will help stem a glut of the home-heating fuel. “The producing region continues to bleed rigs,” Eric Bickel, a natural gas analyst with Summit Energy Services in Louisville, Kentucky, said in a note today.

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