EIA expects $68 oil this year, next
Agency says less chance for significant improvement in world petroleum supply and demand due to steady demand growth
The U.S. Department of Energy’s Energy Information Administration said May 9 that “prospects for significant improvement in the world petroleum supply and demand balance appear to be fading.”
The agency said while U.S. production will grow in 2006 with recovery from 2005 hurricane damage from Rita....
[additional news subjects in this story]
Consumption growth has slowed
U.S. natural gas consumption down
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 05/14/2015)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.