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Vol. 7, No. 50 Week of December 15, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil prices rise on concerns about situations in Iraq, Venezuela

Cold weather has driven natural gas prices up, and the EIA expects those prices to average $3.90 per mcf for the winter season unless the weather turns warmer

Petroleum News Alaska

After falling by about $2.50 a barrel between October and November in response to high production by the Organization of Petroleum Exporting Countries, the crude oil price rose at end of November over concerns about situations in Iraq and Venezuela, the U.S. Department of Energy’s Energy Information....

    [additional news subjects in this story]

Henry Hub climbed over $4 per million Btu mark

Weather driving oil demand

Natural gas demand down


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