Energy investors peering into 2011 might see a tale of two commodities. On the one hand, oil pricing is poised to experience the best of times. With prices expected to hold steady at already comfortable levels or to trend up slightly, operators and investors alike are shifting capital at a frenzied pace into oil and liquids-rich projects. Conventional basins, liquids-endowed gas plays and experimental oil shales are receiving the bulk of those new investments.
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