While 2008 was a year of two extremes, with oil and gas producers experiencing boom and bust all within 12 months and many responding by cutting their capital spending plans for 2009 anywhere from 25 per cent to 35 per cent, they still continue to plan for the future, according to the latest Canadian Energy Survey released in July by PricewaterhouseCoopers (PwC) and the JuneWarren-Nickle's Energy Group.
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