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Vol. 7, No. 44 Week of November 03, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Arctic key as North America faces tightening natural gas supplies

E&P companies play it cautiously after wild ride of 2000-2001; direct strong cash flows into paying down debt and rebuilding balance sheets rather than drilling

Gary Park

PNA Canadian Correspondent

The more the evidence piles up, the more it points to one verdict — the Arctic, on both sides of the U.S. and Canadian boundary, is an essential part of North America’s natural gas future. But long before Arctic gas starts flowing to market, flagging production across the continent is setting off a....

    [additional news subjects in this story]

Price forecasts vary

Gas drilling lagging

High decline rates

Downward production general


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