Gas Industry Sees Flurry Of Megadeals As Prices Explode ...Middle East

Despite the runaway recession and depressing prices at the pump, the U.S. economy has been on a recovery course for several months now, and dealmaking trends appear to confirm it is the correct course. In the utility space, a lot of deals over the first quarter of this year were in the renewable energy space—nothing surprising there. But more deals were in the gas utility space. Gas is staging a comeback. In its latest “Power and utilities transactions and trends” report, EY noted that total deals in the renewable energy and gas…

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