We are indebted to our anonymous, Mid Atlantic energy advisor for providing the important analysis below.  It demonstrates why some producers may be subsidizing continuing operations to support cash flow demands -- on the hope that prices will rise in time to rebuild the financial strength of those producers. One notes with concern that Alaskan and Canadian oil and gas operations have special difficulty with low price environments.  Most of their competitors operate in areas closer to markets, with lower labor costs, lower transportation costs, lower logistical costs and lower [...]