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Vol. 10, No. 50 Week of December 11, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA says 2005 price increases reflect supply

DOE’s Energy Information Administration says demand drove ’04 prices; in ’05 spare capacity at lowest level in three decades

Petroleum News

Sharp increases in energy prices in 2005 were largely driven by supply concerns due to hurricane-related losses along with a reduction in world oil spare capacity, “which fell to its lowest level in over three decades,” the U.S. Department of Energy’s Energy Information Administration said Dec. 6 in....

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World oil markets, U.S. gas markets


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