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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 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, 2010BHP Billiton and Exxon Mobil studying new natural gas development in Western Australia
BHP petroleum Mike Yeager said the Head of the division has begun to study the acquisition of oil and gas for the first time and ready to move quickly, in a comment bound to fuel speculation Woodside Petroleum BHP takeover target. Speaking yesterday, Mr Yeager said BHP has been in talks with Chevron about tying [...]
Wednesday, May 26th, 2010