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High debt load, low oil and gas prices drag Chesapeake Energy down

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    Chesapeake Energy helped change the face of the U.S. energy industry by pioneering the development of unconventional hydrocarbon reserves, paving the way for a surge in domestic oil and gas production. Now, though, the company is saying it may not be able to stay afloat if world fuel prices remain low.

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    Posted by Jennifer Delay Iacullo
    Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.