Consol Energy Projects 21% Rise In 2012 Capital Spending

Consol Energy Inc

projects 21% rise in its 2012 capital spending. Consol Energy projects gas production to surge 12% this year. The company's board approved a capital budget of $1.7 billion for 2012, versus $1.4 billion invested in 2011. CNX shares gained 1.25% to $38.16 in pre-market trading.