US: Natural Gas Seems Headed the Way of Oil: More Demand, Less Supply, Higher
At a time when the nation is chafing at its persistent dependence on foreign oil, it is becoming clear that the United States may be headed for the same situation with natural gas.
August 18, 2004
OPEC Raises Quota; Not Much More Oil May Flow
The Organization of the Petroleum Exporting
Countries agreed on Thursday to increase its production quotas by two million barrels a day, or 8.5 percent, effective July 1. Analysts said the problem with OPEC’s move was that it would not add
any new oil to the market.
June 3, 2004