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Vol. 8, No. 11 Week of March 16, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


North Slope crude hits $37.48, a 12-year high

Petroleum News Alaska Staff

North Slope crude hit $37.48 per barrel on March 12, reaching a 12-year high according to Alaska Department of Revenue records. The spike occurred after the U.S. Department of Energy announced oil inventories had dropped to 269.8 million barrels the week before, the lowest number in almost 28 years.....

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Prices fell slightly on March 13


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