ConocoPhillips Cuts Canadian Gas Spending By $700 Million

摘要

ConocoPhillips Canada Limited will limit its 2009 natural gas spending to $900 million this year, down from $1.6 billion in 2008, says President Kevin Meyers.(All dollar amounts are Canadian unless otherwise indicated.)Meyers said natural gas prices could fall to $3 (U.S.) per mmBtu ~ or even lower - on the New York Mercantile Exchange.