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1. ENERGY MARKETS

With gas prices low, shale bargain hunters take long-term view

NEW YORK -- Foreign investment in U.S. natural gas got off to a heady start this year when China's Sinopec and France's Total SA dumped billions into formations in Ohio, Michigan and the Gulf Coast. But now that the price of gas has tanked and reserve estimates have been modified, some financial analysts are wondering whether the companies paid too much for stakes in reservoirs that have yet to produce.

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