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Reuters Africa reports that the U.S. Energy Information Administration raised 2011 estimate for domestic natural gas production to 6 percent from 2010 levels.
Reuters Africa reports that the U.S. Energy Information Administration raised 2011 estimate for domestic natural gas production to 6 percent from 2010 levels.
The market news is quoted as saying:
Gas production has been growing steadily since 2005, primarily because of the boom in horizontal drilling in onshore unconventional shale formations.
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.86 | +0.85 | |
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