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Natural Gas Demand and Outlook in US Energy Resources
Demand for natural gas has traditionally been very cyclical. Demand for natural gas is highly dependent on time of year, and changes from season to season. In the past, the cyclical nature of natural gas demand has been relatively easy: the highest demand during the coldest months of winter and lowest during summer months the [...]
Friday, February 11th, 2011Crude Oil Gains as Europe Central Bank Debt Crisis
Crude rose to the highest level in almost three weeks on greater-than-forecast growth in U.S. private employment and Chinese manufacturing and on signals the European Central Bank will act to prevent the spread of the region’s debt crisis. Prices surged 3.1 percent as companies in the U.S. boosted payrolls the most since November 2007, according [...]
Friday, December 3rd, 2010Crude Oil Price History Analysis
Crude oil prices history ranged between $2.50 and $3.00 from 1948 through the end of the 1960s. The price oil rose from $2.50 in 1948 to about $3.00 in 1957. When viewed in 2008 dollars an entirely different story emerges with crude oil prices fluctuating between $17 and $19 during most of the period. The [...]
Saturday, October 2nd, 2010