After 2006, why did the cost of new natural gas wells in the U.S. and Canada increase?
A) The amount of natural gas being imported into the U.S.and Canada was increasing.
B) The lowest cost sources of natural gas using standard production technologies had been exhausted.
C) Government regulations on new natural gas production increased the cost of production.
D) Natural gas production in other parts of the world decreased thereby increasing world-wide demand for natural gas.
Correct Answer:
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