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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, 2010ONGC Announces Western Onshore Basin Oil Drilling Results
ONGC or Oil and Natural Gas Corporation has announced the results of oil drilling in Western Onshore Basin. This oil company has obtained permission to drill from the NELP. A press release from the company said the exploratory well, Vadatal-1 in block CB-ONN-2004/2, drilled to a depth of 1784 metres, was found to be oil [...]
Sunday, August 29th, 2010