RE:RE:RE:Russia Holding out on cuts The problem is the existing cuts are in question. My thinking is they now have the Shale producers in a corner and they are going to apply max pain to the sector. Because of the low gas prices and because the wells produce so much gas they are hurting on to fronts. Don't let the EIA weekly production numbers fool you, they will get revised down just like the Dec 914 report showed. This is going to be the final wash out.