Oil prices to remain high, says EIAAgency expects crude prices to remain in mid- to high-$40s range through 2005; natural gas prices at $6-plus Petroleum News
Citing strong demand growth for crude oil in 2004, expected to continue in 2005, and relatively low oil inventories in industrialized countries, crude oil prices are expected “to remain elevated in the mid- to high-$40s range through 2005,” the U.S. Department of Energy’s Energy Information Administ....
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Natural gas prices also up
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