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The gains in oil and natural gas prices were offset by Exxon's shrinking refining and chemical margins, lower production volumes and higher operating costs.
FORBES: Magazine Article
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In other energy news, Federal Reserve Chairman Alan Greenspan told Congress yesterday that shrinking supplies of U.S. natural gas mean the nation must build more gas import terminals to create a "safety valve" that will help stabilize prices.
FORBES: Magazine Article
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But the list of nuclear projects keeps shrinking, down from nearly 40 a few years ago when the economy was pumping and natural gas, which sets the price of electricity, was high.
FORBES: On Eve Of Nuclear Renaissance, Florida Nuke Project Gets Postponed