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Tuesday, 29 July 2014

Fluctuating gas estimates needn't freak investors

Meager Marcellus?

Opponents of fracking pounced on a sharply lower government tally of the likely store of gas in one of America’s biggest shale areas. But investors, buffeted by swings in estimates, shouldn’t be too alarmed. Even the ultra-cautious reckoning amounts to 109 years of production.



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