The Oil and Gas Journal articles from January 2002

The Oil and Gas Journal archives from January 2002

Market Movement. (News Letter).(Organization of Petroleum Exporting Countries production controls)
January 7, 2002... Market nervous about OPEC'S latest output cut The oil market exhibited nervousness entering 2002 over concerns about whether OPEC will be able to enforce its Dec. 28 announcement to reduce production quotas by 1.5 million b/d for the next 6...

EIA. (Industry Trends).(Energy Information Adminstration(EIA))(Brief Article)(Statistical Data Included)
January 7, 2002... EIA has projected that US energy demand in 2000 will increase 32% to 131 quadrillion btu in 2020, assuming no changes in federal laws and regulations. In its Annual Energy Outlook (AEO), EIA predicted total energy consumption will grow...

Baker Hughes. (Industry Trends).(Baker Hughes Inc. survey of drilling rigs)(Brief Article)(Statistical Data Included)
January 7, 2002... BAKER HUGHES's survey showed a slight uptick in a recent US rotary rig count. As of Dec. 28, 2001, the rig count was up by 5, with 887 rotary rigs drilling during the final full week of activity for 2001. However, that increase was just...

Kazakhstan President Nursultan Nazarbayef seemed to play down a pipeline route. (Government Developments).(Brief Article)
January 7, 2002... KAZAKHSTAN PRESIDENT Nursultan Nazarbayef seemed to play down a pipeline route through Iran during a Dec. 19 speech in Houston even though he had pushed for that route while visiting with US Sec. of State Colin L. Powell earlier in December....

In a Study on Artic Gas. (Government Developments).(gas pipeline construction research)(Brief Article)
January 7, 2002... IN A STUDY on Artic Gas, two University of Houston professors said the Mackenzie Valley corridor in Canada almost certainly will prove to be the choice route for the proposed Arctic gas pipeline rather than a proposed route following the Alaska...

The Long-Delayed Project to build a $1.5 million pipeline. (Quick Takes).(Brief Article)
January 7, 2002... THE LONG-DELAYED PROJECT to build a $1.5 billion pipeline to bring gas from the Bayu-Undan field in the Timor Sea to Darwin in northern Australia has been approved by Phillips Petroleum following the settlement of a dispute over the tax regime...

ExxonMobile. (Quick Takes).(pipeline construction around the world)(Brief Article)
January 7, 2002... Elsewhere on the pipeline front, Santos has quit a $3.5 billion pipeline project to move Papua New Guinea natural gas to Australia. ExxonMobil said it and the other partners--including ChevronTexaco, Oil Search Ltd., and Orogen Minerals--signed...

Iran and Armenia will invite Russian and French Companies. (Quick Takes).(pipeline construction)(Brief Article)
January 7, 2002... Iran and Armenia will invite Russian and French companies to invest in a new pipeline project linking the two countries, which have agreed in principle to build the 140 km line. Cost of the project is estimated at $120 million with 100 km of...

Algeria's Sonatrach, Italy's Enel, and Germany's Wintershall. (Quick Takes).(ENEL S.p.A.)(Wintershall AG)(Brief Article)
January 7, 2002... Algeria's Sonatrach, Italy's Enel, and Germany's Wintershall established a joint venture to carry out feasibility studies for a $2 billion second gas pipeline to link Algeria and Italy. In the first phase, the project would convey 10 billion cu...

In Gas Processing News. (Quick Takes).(petrochemical complex product plans)(Brief Article)
January 7, 2002... IN GAS PROCESSING NEWS, AltaGas Services joined with Taylor NGL to develop Taylor's proposed $45 million (Can.) ethane extraction plant at Joffre, Alta. The federal and provincial governments approved Taylor's application in September...

China's Sinopec and Cnooc. (Quick Takes).(China National Petroleum Corp.)(China National Offshore Oil Corp.)(Brief Article)
January 7, 2002... CHINA'S SINOPEC AND CNOOC will build four platforms to develop the Chunxiao complex in the East China Sea. CNOOC had said it would bring Chunxiao structure in the Xihu Trough on stream in 2004 (OGJ, Dec. 17, 2001, p. 58). The complex, 300...

The North West Shelf Venture. (Quick Takes).(Woodside Energy offshore oil drilling)(Brief Article)
January 7, 2002... THE NORTH WEST SHELF VENTURE began production 3 months ahead of schedule from the Echo-Yodel fields northwest of Dampier, Western Australia, operator Woodside Energy said late last month. Woodside also said the project was within its $205...

ExxonMobile Exploration & Production Malaysia. (Quick Takes).(Brief Article)
January 7, 2002... In other production action, Petronas Carigali, a branch of Malaysia's Petronas, began first production from Angsi field in the South China Sea off Malaysia, 6 months ahead of schedule and 30% below original approved cost. Angsi's initial flow...

Thai Shell Exploration & Production. (Quick Takes).(may not revive Nang Nuan field)(Brief Article)
January 7, 2002... Thai Shell Exploration & Production's planned revival of production from Thailand's first offshore oil field is doubtful, officials said. A well drilled in Nang Nuan field this year was a failure, raising questions about the productivity of the...

A Royal Dutch/Shell. (Quick Takes).(Thai Shell pilot water injection project)(Brief Article)(Statistical Data Included)
January 7, 2002... A Royal Dutch/Shell unit will launch a pilot water injection project in Greater Sirikit field on S1 concession in early 2002. During 2001, the field suffered a rapid drop in pressure, bringing production to 21,760 b/d. Previously, Greater...

A New Delayed Coker Unit. (Quick Takes).(ExxonMobil refinery in Texas)(Brief Article)
January 7, 2002... A NEW DELAYED COKER UNIT is in full operation at ExxonMobil's Baytown, Tex., refinery. The 40,000 b/d unit allows the refinery to convert lower-cost, heavy raw materials into higher-valued, cleaner-burning fuels, said ExxonMobil. The...

PetroChina. (Quick Takes).(to raise refinery operations)(Brief Article)(Statistical Data Included)
January 7, 2002... PetroChina is planning to raise its refinery operations for 2002 to an average 83% from last year's 79%. The company's refineries are eager to run at higher levels next year in order to raise their revenues. However, the plan will be subject to...

Letters.
January 7, 2002... EU study of Caspian First and foremost we would like to commend Orhan Degermenci (OGJ, Nov. 5, 2001, P. 68) for the high-quality presentation of the findings contained in the above-mentioned study. The judicious selection of the comparison...

Penguin fashions. (Weird News).(Tasmanian Conservation Trust )(Brief Article)
January 7, 2002... Let's start with the penguins. The penguins are still my favorite. The Tasmanian Conservation Trust last year asked volunteers around the world to knit wool "jumpers" for fairy penguins, to be stockpiled for use in oil spill response kits...

Washington weirdness. (Weird News).(Brief Article)
January 7, 2002... In more political news, actor Martin Sheen, who plays US President Josiah Bartlet on the popular US television drama "The West Wing," has filmed an advertisement for a group that opposes drilling in the Arctic National Wildlife Refuge. ...

ExxonMobil eccentricities. (Weird News).(Brief Article)
January 7, 2002... The ExxonMobil Corp. refinery in Baytown, Tex., maintains a 19th Century cemetery on its grounds, the only US refinery known to do so, says the Houston Chronicle. At least six Texas pioneers and early settlers of the area are buried in the...

More bizarre bits. (Weird News).(Brief Article)
January 7, 2002... Here's more: * In August, a radio station selected a German woman as a winner in a competition to make dreams come true. The woman flew to Chevron Corp.'s Alba platform 100 miles from Aberdeen to propose to her boyfriend, an employee of...

A look at oil dependency.(Brief Article)(Editorial)
January 7, 2002... A useful policy-making exercise for the new year would be a fresh look at the concept of oil dependency In the oil-consuming world, especially the US, fret over oil dependency is a ready and rich source of bad ideas, in the oil-exporting world,...

2002 to see birth of New World Energy Order. (Comment).(in the oil and gas industry)
January 7, 2002... The year 2002 will be the second year of the Third World War, which began on Sept. 11 with the tragic terrorist attacks on New York City and Washington, DC. The allies led by the US, once on the warpath against terrorism, cannot afford to...

CERA: Demand drop to push oil prices lower in 2002. (General Interest).(Cambridge Energy Research Associates(CERA))
January 7, 2002... World oil prices should average $6/bbl less this year as the market seeks equilibrium as demand slides. Joseph Stanislaw, president of Cambridge Energy Research Associates, made that prediction earlier last month as CERA issued its "Global...

FERC's proposed affiliate rule creates confusion, alarm. (General Interest).(Federal Energy Regulatory Commission(FERC))
January 7, 2002... The US Federal Energy Regulatory Commission's proposal to apply the electric industry discount standard to natural gas pipeline transactions is creating both confusion and opposition in the industry. The Natural Gas Supply Association said...

Maritime industry asked to consider energy security issues. (General Interest).(Frank Murkowski proposes Port and Maritime Security Act of 2001 amendment)(Brief Article)
January 7, 2002... US maritime officials must get advice from the energy industry when considering security issues at domestic ports and harbors under a provision passed by the Senate late last month. The amendment by Sen. Frank Murkowski (R-Alas.) to the...

Euro today, gulf tommorrow. (Watching Government).(Gulf States work together toward economic stabilization)(Brief Article)
January 7, 2002... Six Arab oil-producing nations, which together control half of the world's known oil reserves, moved toward stabilizing their chronically unstable region in the waning hours of 2001. Leaders from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia,...

MMS okays FPSO use in Gulf of Mexico. (Watching Government).(US Minerals Management Service approves floating production, storage, and offloading systems equipment)(Brief Article)
January 7, 2002... The US Minerals Management Service has approved the use of floating production, storage, and offloading systems in the central and western Gulf of Mexico. The oil industry has sought to use FPSOs as it moves to develop fields in deeper...

In bed with the bear. (Watching The World).(OPEC, and Russia agree upon prices and production of crude oil)(Brief Article)
January 7, 2002... The CEOs of the major oil companies are often asked where they see the world oil price heading. And they always give an answer something like, "There is nothing to be gained trying to second-guess the market. What is more important is...

DOE picks research program projects. (Watching The World).(sponsors natural gas recover technologies)(Brief Article)
January 7, 2002... The US Department of Energy added two more projects to its program to develop technologies to increase natural gas production from low-permeability reservoirs. The agency selected 20 other projects for the program last August (OGJ Online, Aug....

Magnum Hunter, Prize Energy to merge in $1.2 billion deal. (Company News).(overview of oil companies' mergers and acquisitions)(Brief Article)
January 7, 2002... Some US-based oil and gas companies are continuing to pair off while others are strengthening their core assets through key property acquisitions. Last month, Magnum Hunter Resources Inc. said it planned to merge with Prize Energy Corp. to...

Magnum Hunter, Prize. (Company News).(Brief Article)
January 7, 2002... The combination of Magnum Hunter and Prize Energy will create a single company "that is stronger and in a better position to compete than either would be independently," said Gary Evans, chairman, president, and CEO of Magnum Hunter. Evans will...

Kinder Morgan, Tejas. (Company News).(Brief Article)
January 7, 2002... Tejas Gas, with a transportation capacity of 3.5 bcfd, is a 3,400 mile intrastate gas pipeline system extending from south Texas to the Louisiana border. Intergen is a joint venture owned by affiliates of the Royal Dutch/Shell Group and Bechtel...

KMP's Trailblazer purchase. (Company News).(Kinder Morgan Management L.L.C. plans to buy Enron's Trailblazer pipeline)(Brief Article)
January 7, 2002... Kinder Morgan has been in negotiations to buy the 436 mile Trailblazer line for several months, it said. If approved by the Enron board and Enron's bankruptcy court, the deal would close in the first quarter. The Trailblazer Pipeline...

Shell, SRI acquisition. (Company News).(Brief Article)
January 7, 2002... The US Federal Trade Commission had required Texaco to divest the holdings as a condition of its $35 billion merger with Chevron Corp. Texaco Alliance Trust, which was holding the assets until the deal was made, said the purchase included...

Petrobras acquisition. (Company News).(planning acquisition; also includes production statistics)(Brief Article)(Statistical Data Included)
January 7, 2002... Petrobras analysts said the recession in Europe, the US, and Japan, plus the situation in the Middle East, creates a favorable scenario for purchases in this region, particularly because Petrobras recendy had record net profits. If low oil...

El Paso's divestitures. (Company News).(El Paso Merchant Energy)(Brief Article)
January 7, 2002... El Paso executives anticipate a quick sale of its assets. "We believe all of these are highly attractive assets, and so we expect to execute that first phase of the plan largely during the first quarter," said Ralph Eads III, president of the...

Major oil and gas firms name new top executives. (General Interest - Personnel Moves and Promotions).
January 7, 2002... Companies naming new top executives include Petroleo Brasileiro SA, Imperial Oil Ltd., Piedmont Natural Gas Co., National Fuel Gas Co., and Zion Oil & Gas Inc. Petrobras Pres. Henri Philippe Reichstul resigned effective Dec. 31, 2001, for...

Shell plans investments of $12 billion/year tar 2 years. (General Interest).(Royal Dutch/Shell Group)(Brief Article)
January 7, 2002... Royal Dutch/Shell Group has set a 3-year strategy to maintain profits at 15%/year, invest $12 billion/year for 2 years, cut costs by $500 million/year, and sell $7 billion of under-performing assets if necessary. The company said its...

Cuba's oil output rises, other projects loom absent sanctions. (Exploration & Development).(Brief Article)
January 7, 2002... The main exploration and development operator in Cuba looks likely to set an oil production record for the fifth straight year. Meanwhile, a lobby group cited a study that found that abolishing the US embargo against Cuba could provide US...

Partners solicited to explore N. Korea onshore area. (Exploration Development).(Sovereign Ventures seeking partners)(Brief Article)
January 7, 2002... Sovereign Ventures Pte. Ltd., Singapore, is seeking experienced partners to explore and develop the first onshore oil and natural gas concession in communist North Korea to be granted to a foreign company. The concession, awarded by the...

Brunei Shell Petroleum Co. (Exploration & Development - Brunei).(Brief Article)
January 7, 2002... Brunei Shell Petroleum Co. Sdn. Bhd. plans to proceed with the $80 million development of Egret gas and oil field offshore and northeast of Fairley field. In Phase 1 first gas is to flow by August 2003. It will flow from a 12 slot platform...

Nelson Resources Ltd. (Exploration & Development - Kazakhstan).(Brief Article)
January 7, 2002... Nelson Resources Ltd., London, and Kazakhoil were starting limited oil production from Alibekmola field on the Precaspian basin eastern rim. The No. 28 and No. 26 wells flowed 1,100 b/d and 500 b/d of oil, respectively, after workover, and...

Repsol YPF submitted to National Oil Corp. (Exploration & Development - Libya).(Brief Article)
January 7, 2002... Repsol YPF submitted to National Oil Corp. a development plan for two discoveries on Block NC-186 in the Murzuk basin 800 km south of Tripoli. Repsol drilled wildcats on five structures, four of which are commercial discoveries....

Shell's Sarawak. (Exploration & Development - Malaysia).(Brief Article)
January 7, 2002... Shell's Sarawak unit said it identified scope for additional reserves of 150 million boe in its fields off Sarawak through the application of a "Realising the Limit" team concept that started in mid-2000. Optimization of existing wells and...

Canadian Imperial Venture Corp. (Exploration & Development - Newfoundland).(Brief Article)
January 7, 2002... Canadian Imperial Venture Corp., St. John's, spudded the Indian Head 1 well as the first of three planned wells on 84,000 acre Permit 96-108 in the West Newfoundland fold and thrust belt. Main target is the 40,000 surface acre North Brook...

BNP Petroleum Corp. (Exploration & Development - Texas).(Brief Article)
January 7, 2002... BNP Petroleum Corp., Corpus Christi, spudded a wildcat on North Padre Island Dec. 10 (OGJ Online, Sept. 20, 2001). The 1 La Playa, 20 miles southeast of Corpus Christi and first in a multiwell program, is to go to 13,500 ft (10,500 ft TVD)....

Fieldbus provides advantages for Indonesia waterflood project. (Drilling & Production).
January 7, 2002... The waterflood facilities for PT Caltex Pacific Indonesia's Balam and Bangko oil fields, on Indonesia's Sumatra Island, included Foundation fieldbus systems that had several advantages over traditional 4-20 ma analog signals, including...

Downhole valve facilitates underbalanced drilling. (Drilling & Production).(Pinnacle Operating Co. Inc.)(Brief Article)(Statistical Data Included)
January 7, 2002... Pinnacle Operating Co. Inc., Shreveport, La. successfully used a new downhole deployment valve in an underbalanced drilling application to avoid formation damage, save rig time, and minimize drilling fluid costs in its Whitney 19 No. 1, North...

New technique defines the limits of upgrading heavy oils, bitumens. (Processing).
January 7, 2002... A simple, new technique relates product gravity to its elemental composition in a variety of processes, using data for Alberta heavy oils and bitumens. This approach allows integration of material balances with a prediction of product quality...

Yearly refinery construction indexes listed for 14 years. (Nelson-Farrar Quarterly Costimating).(Statistical Data Included)
January 7, 2002... Here are yearly values for the Nelson-Farrar refinery inflation cost index since 1926. They are based on 1946 as 100, since that was the date of index inception. Values from 1926 to 1945 were back calculated. INDEXES FOR SELECTED...

First commercial sales flow from Malampaya gas plant, pipelines. (Transportation).(Philippines)(Brief Article)
January 7, 2002... Gas sales began this month from the Malampaya project, offshore Philippines, to electric power generators on the main island of Luzon. Since Oct. 1, 2001, gas for power plant commissioning has been flowing from the gas plant at Batangas, to...

Industry faces reorientation at start of 2002. (Special Report The Year Ahead).(oil and gas industry)
January 7, 2002... The year 2002 will be one of reorientation for the oil and gas industry. It won't be new-economy reorientation wrought by dot-com whiz-kids peddling digital "solutions" to hidden problems. It will be reorientation of the industry's sense of...

Oil markets teetering on brink of oil price spike or collapse in 2002. (The Year Ahead).(Brief Article)
January 7, 2002... Has there ever been greater uncertainty for the direction of oil prices? The oil industry at the outset of 2002 stands poised on a dual precipice: an oil price spike or collapse. Either or both could happen this year. At this writing,...

E&D organizations face structure, focus, cost issues. (The Year Ahead).(exploration and development(E and D))
January 7, 2002... The structure and business orientation of exploration organizations promises to be a key issue for the exploration and development sector in 2002. Team concepts and the application of global knowledge to local geologic opportunities are...

Complexities challenge oil, gas production in 2002. (The Year Ahead).
January 7, 2002... As the complexity of producing oil and gas grows, the oil and gas industry continues to seek a better understanding of producing mechanisms as well as to develop new tools for bringing fluids to surface at a lower cost. Fields being...

Challenging wells require greater rig capabilities, enabling technologies. (The Year Ahead).
January 7, 2002... Drilling rigs that have been renovated with capacity and efficiency enhancements and efficient newbuild rigs will enjoy higher utilization rates in the year ahead and long term. In mature petroleum basins, oil and gas wells become...

Evolving fuel specifications to drive refining spending in 2002. (The Year Ahead).(Statistical Data Included)
January 7, 2002... In 2002, two maj or trends--clean fuels requirements and industry consolidation--will affect the supply and demand of refined products throughout the world. Refiners in the US face the possible ban of methyl tertiary butyl ether (MTBE)...

Regulations, technologies aim at safer, more reliable pipeline systems. (The Year Ahead).(Statistical Data Included)
January 7, 2002... Government actions and markets will combine in 2002 to set pipeline operators' priorities for several years. Deadlines for major US regulatory initiatives, which often set the bar for operators' decisions and actions in the rest of the...

A2D Technologies. (Services / Suppliers).(executive appointment)(Brief Article)
January 7, 2002... Houston, has announced that David Armitage, founder and former CEO of GeoGraphix, has joined the company as chief executive officer. Armitage holds BS degrees in economics and geology from St. Lawrence University in Canton, NY, and has...

Emerson Process Management. (Services / Suppliers).(executive named)(Brief Article)
January 7, 2002... St. Louis, has named Daniel G. Button president of its Valve Automation Division. Button, a graduate of Iowa State University, has more than 23 years of experience with Fisher Controls and Emerson. He most recently was vice-president,...

ONDEO Nalco. (Services / Suppliers).(executive named)(Brief Article)
January 7, 2002... Sugar Land, Tex., has named Mark L. Bosanko as group vice-president and president of ONDEC Nalco Energy Services LP He replaces Jack A. Shubert, who has been promoted to group vice-president and president of the company's European operations....

McLaughlin Manufacturing Co. (Services / Suppliers).(executive appointed)(Brief Article)
January 7, 2002... Greenville, SC, has appointed Dave Gasmovic president and chief operating officer. Gasmovic, who holds a degree in finance from Miami University in Ohio, joined the company in 1979 as regional sales manager. McLaughlin is a leading...

Newpark Environmental Services (NES). (Services / Suppliers).(Brief Article)
January 7, 2002... Lafayette, La., has named Guy Mirro as Houston sales manager, responsible for promoting NES' exploration and production waste, NORM and industrial waste services to the energy and industrial industries. Mirro has more than 20 years of...

Schlumberger Ltd. (Services / Suppliers).(executive retires)(Brief Article)
January 7, 2002... Houston, has announced that vice-chairman Victor Grijalva has retired after a successful 37-year career with the company. Grijalva graduated with a BS in electrical engineering from Carnegie Mellon University and received an MS in the same...

Zed.i Solutions Inc. (Services / Suppliers).(appointments)(Brief Article)
January 7, 2002... Houston, has announced the appointment of Frederic R. Wenzel as vice-president of sales and technology, and David Royko as vice-president of operations. Wenzel has 22 years of applications, marketing, sales, and product management...

OGJ Production Report.(Brief Article)
January 7, 2002... OGJ PRODUCTION REPORT (Crude oil and lease condensate) 12-28-01 (1) 12-29-00 (2) 1,000b/d Alabama 25 27 Alaska 1,000 1,010 California ...

US Crude Prices.(Brief Article)(Statistical Data Included)
January 7, 2002... US CRUDE PRICES $/bbl (*) 12-28-01 Alaska-North Slope 27[degrees] 13.95 Southern Louisiana Light 21.00 California-Kern River 13[degrees] 13.75 Lost Hills 30[degrees] ...

World Crude Prices.(Brief Article)(Statistical Data Included)
January 7, 2002... WORLD CRUDE PRICES $bbl (1) 12-21-01 United Kingdom-Brent 38[degrees] 18.60 U.S.S.R.-Export blend 32[degrees] 18.23 Saudi Light 34[degrees] 18.00 Dubai Fateh 32[degrees] ...

Baker Hughes Rig Count.(Brief Article)
January 7, 2002... BAKER HUGHES RIG COUNT 12-28-01 12-29-00 Alabama 5 6 Alaska 14 14 Arkansas 1 6 California 31 28 ...

Smith Rig Count.(Brief Article)
January 7, 2002... SMITH RIG COUNT 12-28-01 12-29-00 Proposed depth, Rig Percent Rig Percent ft count footage (*) count footage (*) 0-2,500 53 1.8 ...

OGJ Gasoline Prices.(Brief Article)
January 7, 2002... OGJ GASOLINE PRICES (Approx. prices for self-service unleaded gasoline) Price Pump Pump ex tax price (*) price 12-26-01 12-26-01 12-27-00 ...

Refined Product Prices.(Brief Article)(Statistical Data Included)
January 7, 2002... REFINED PRODUCT PRICES Spot market product prices 12-21-01 Cents/gal Motor gasoline (Conventional-regular) New York Harbor 53.00 Gulf Coast ...

US Natural Gas Storage (1).(Brief Article)(Statistical Data Included)
January 7, 2002... US NATURAL GAS STORAGE (1) 12-7-01 11-30-01 Change Bcf Producing region 911 907 4 Consuming region east 1,841 1,851 -10 Consuming...

Pace Refining Margins.(Brief Article)(Statistical Data Included)
January 7, 2002... PACE REFINING MARGINS Oct. Nov. Dec. Dec. 2001 2001 2001 2000 Change $/bbl US Gulf Coast West Texas...

US Natural Gas Balance Demand/Supply Scoreboard.(Brief Article)(Statistical Data Included)
January 7, 2002... US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD Sept. Total Sept. Aug. Sept. change YTD 2001 2001 2000 2001-2000 2001 ...

Worldwide NGL Production.(Brief Article)(Statistical Data Included)
January 7, 2002... WORLDWIDE NGL PRODUCTION 9 month Chg. vs. average previous Sept. Avg. Production year ...

Oxygenates.(statistics)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... OXYGENATES Oct. Sept. YTD YTD 2001 2001 Change 2001 2000 Change 1,000 bbl Fuel ethanol Production 3,743 ...

US Heating Degree Days(1).(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... US HEATING DEGREE DAYS(1) 2000% change Oct. Oct. from 2001 2000 ...

EIA: Oil prices to rise. (Newsletter).(Brief Article)(Statistical Data Included)
January 14, 2002... OPEC's decision to cut 1.5 million b/d beginning Jan. 1 is expected to gradually push oil prices up this year, according to EIA. The agency projected WTI prices will rise to $25-26/bbl by yearend and remain there through 2003. EIA's oil...

Lower natural gas price forecast. (Newsletter).(US)(Brief Article)(Statistical Data Included)
January 14, 2002... A sharp downturn in US natural gas-directed drilling probably will not reduce gas production enough to prevent low prices this winter and through most of 2002, EIA said. Natural gas production increased 1.7% in 2001, while demand declined...

Storage numbers reflect sluggish economy. (Newsletter).(Brief Article)(Statistical Data Included)
January 14, 2002... Despite improved weather conditions, industry withdrew 0.124 tcf of natural gas from US storage for the week ended Dec. 28, 2001, said Ronald Barone, analyst with UBS Warburg. US supplies are now at 2.86 tcf vs. 1.73 tcf last year. That...

US Industry Scoreboard -- 1/14. (Industry Scoreboard).(Brief Article)(Statistical Data Included)
January 14, 2002... Industry Scoreboard US INDUSTRY SCOREBOARD -- 1/14 4 wk. 4 wk. avg. Change, YTD Latest week 1/4 average year ago (1) % average (1) Demand, 1,000 b/d Motor gasoline ...