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Vol. 17, No. 11 Week of March 11, 2012
Providing coverage of Alaska and northern Canada's oil and gas industry


Crude oil price up; natural gas price down

EIA projects WTI at $106 per barrel, up $11 from 2011; Henry Hub spot gas price lowest since February 2002

Kristen Nelson

Petroleum News

The U.S. Energy Information Administration said March 6 in its Short-Term Energy Outlook that it expects West Texas Intermediate crude oil to average $106 per barrel this year, $5 higher than the agency’s February projection, and $11 higher than the 2011 average price. EIA said it expects WTI price....

    [additional news subjects in this story]

Record high inventories

Crude oil consumption growing


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