U.S natural Gas price dips below $4

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Sun, Mar 8, 2009
Gas Market News
Post by Melissa Pistilli, Gas Senior Reporter

The spot price of natural gas slipped below $4 per million Btus for the first time in years Friday, and the persistant decline could prove a mixed blessing for the Oklahoma economy.

CEO Steve Malcolm of Tulsa-based Williams Cos, said:

We expect 2009 to be a challenging year in the industry.

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