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U.S. natural gas prices are at a decade low, at about $2.20 per Mcf. That marks an unprecedented discount to crude oil. With “injection season" now under way through October when warmer weather allows for rebuilding gas inventories, this could make an already bad glut of gas far worse.

WilPro Energy Services (El Furrial) Limited and WilPro Energy Services (PIGAP II) Limited, the joint ventures owned by subsidiaries of Williams and Exterran Holdings, Inc., have completed the sale of the El Furrial and PIGAP II assets to PDVSA Gas, S.A. in connection with the 2009 nationalization of those assets.

The Wall Street Journal reports a cheaper, less risky alternative is dealing a harsh blow to the U.S. nuclear industry. The nuclear industry seemed to be staging a comeback several years ago with 15 power companies proposing as many as 29 new reactors. Today, only two projects are moving off the drawing board, the Journal noted.

Political constraints and concerns that production gains at shale fields aren't sustainable will hinder development of LNG export plants in the United States, former ExxonMobil chief Lee Raymond said in an article reported by Bloomberg.