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OGJ Newsletter.
September 6, 1999... Continuing upheaval in Venezuela, and in state petroleum giant Pdvsa, is generating concern among foreign companies pursuing investments in that country's oil and gas sector. Pdvsa has its third president this year: Hector Ciavaldini, formerly...
LETTERS.
September 6, 1999... Oil valuation controversy
Patrick Crow's July 5, 1999, Watching Government column claimed that the "POGO controversy... was miring the U.S. Minerals Management Service's effort to promulgate a controversial oil royalty reform regulation"...
An oil and gas education.
September 6, 1999... Arguably, the oil and gas industry has never been in such a state of flux. And, as so often tends to happen during times of significant change, really important stuff--which at one time might have taken precedence over other not-soimportant...
Congress and electricity.
September 6, 1999... U.S. oil and gas producers should support an effort in Congress this month to pass legislation on deregulation of the retail electricity business. Now a state-by-state process, electricity restructuring needs a federal push.
Oil and gas...
Italy's gas sector poised for boom once deregulation hurdles cleared.
September 6, 1999... Deregulation of Italy's natural gas and electricity sectors is setting the stage for a major expansion of that country's gas industry and a transformation of its energy sector as "BTU convergence" continues to spread around the world.
...
Oil price rises following ministerial meeting.
September 6, 1999... The oil ministers of Mexico, Saudi Arabia, and Venezuela agreed to maintain their accord on oil production cutbacks until the end of March 2000, following a meeting in Caracas on Aug. 28.
The output restraint of these countries and others...
Three ministers.
September 6, 1999... In three nations that rely heavily on their national oil companies, energy ministers are under pressure.
In Kuwait, oil minister Saud Nasser al-Sabah will chair a committee to oversee the government's plan to use foreign companies to...
TotalFina chief outlines ideas on Elf bid.
September 6, 1999... With the takeover battle between TotalFina SA and Elf Aquitaine SA increasingly looking like a long haul, TotalFina Pres. Thierry Desmarest has been airing his views in the French press.
In an effort to bring off TotalFina's takeover bid in...
Alaska seeks OP Amoco-ARCO accord.
September 6, 1999... In an effort to ensure competition in Alaska's North Slope area, BP Amoco plc will have to part with certain assets before merging with ARCO, according to Alaska Gov. Tony Knowles. In fact, the state would prefer to have a say in which North...
Russian economics.
September 6, 1999... After almost a decade of capitalism, there are parts of the Russian economy that have not fallen in line, to such an extent that barter is considered critical to the survival of the country's oil and gas sector.
The barter system has a...
Shell-Mobil still committed to exploring near Camisea fields.(Peru's Camisea gas fields)(Brief Article)(Statistical Data Included)
September 6, 1999... Despite their withdrawal from Peru's Camisea gas fields megaproject last year, units of Royal Dutch/Shell and Mobil Corp. remain committed to exploring acreage adjoining the Camisea block.
Shell Prospecting & Development Peru BV and Mobil...
Peru offering technical evaluation pacts.(oil and gas exploration)(Brief Article)(Statistical Data Included)
September 6, 1999... Perupetro SA, Peru's petroleum regulatory agency, is inviting major and independent oil companies to sign 2-year technical evaluation agreements (TEAs) for six areas: on the coast, in the jungle, and in the southern Andes.
The TEAs give...
Ivanhoe details China pilot development work.(Ivanhoe Energy Inc.; oil exploration project)(Statistical Data Included)
September 6, 1999... Ivanhoe Energy Inc., Calgary, and its partners have advanced plans for a pilot development program on Duan Nan block in China's Dagang oil producing region (see map). Duan Nan is part of the Kongnan project, which includes five other blocks....
China's CNPC, Sinopec vie for market share.(China National Petroleum Corp., China Petrochemical Corp.)(Statistical Data Included)
September 6, 1999... Competition for China's retail market share is heating up between the country's two biggest petroleum companies.
China National Petroleum Corp. has intensified its efforts to expand and consolidate its position for oil products sales in...
A California Superior Court.(rules in Exxon Corp. case)(Brief Article)(Statistical Data Included)
September 6, 1999... A California Superior Court ruled in favor of Exxon Corp. in a 13-year-old civil suit against the firm, saying it does not owe California $750 million for allegedly pricing oil pumped from public lands at less than market value. The jury...
Sipetrol Argentina SA.(discovers gas and oil offshore Argentina)(Brief Article)(Statistical Data Included)
September 6, 1999... Sipetrol Argentina SA and Repsol-YPF SA made a gas-condensate discovery on CAM 2/A South Block, about 12 km off Argentina on the continental shelf. The firms each hold a 50% interest in the block. The first of two test wells, CAM XE-1, was...
Veba Oil & Gas Ltd.(discovers gas offshore UK)(Brief Article)(Statistical Data Included)
September 6, 1999... Veba Oil & Gas Ltd. made a gas discovery on Block 21/24 off the U.K. after a well was drilled under a farm-out agreement with Shell U.K. Exploration & Production. Shell Expro--the operating joint venture of Shell U.K. Ltd. and Esso Exploration...
Phillips Petroleum Co.(to build and operate high-density polyethylene plant in partnership with Solvay Polymers Inc.)(Brief Article)(Statistical Data Included)
September 6, 1999... Phillips Petroleum Co. and Solvay Polymers Inc., a unit of Solvay Group, Brussels, signed an agreement to jointly build and operate a 318,000 metric ton/year high-density polyethylene (HDPE) plant at one of the firms' existing U.S....
Qatar Chemical Co.(and Phillips Petroleum plan construction of petrochemicals plant in Qatar)(Brief Article)(Statistical Data Included)
September 6, 1999... Qatar Chemical Co. (Q-Chem), a 51-49 joint venture of Qatar General Petroleum Corp. and Phillips Petroleum, signed a $750 million financing agreement with a group of 24 regional and international banks for the construction of a petrochemicals...
Mexico chose.(Iberdrola Energia SA to build and operate gas-fired power plant)(Brief Article)(Statistical Data Included)
September 6, 1999... Mexico chose Spain's Iberdrola Energia SA to build and operate the 735-MW, natural gas-fired, combined-cycle Monterrey III electricity generation project near Monterrey. The plant, which is expected to reach completion by Apr. 1, 2002, will...
American Electric Power.(contract with Buckeye Power Inc.)(Brief Article)(Statistical Data Included)
September 6, 1999... American Electric Power (AEP) and Buckeye Power Inc., both of Columbus, Ohio, signed a long-term power and energy service agreement. Based on the contract, AEP will design, construct, operate, and assume maintenance responsibilities for a...
Orion Power Holdings Inc.(purchases Consolidated Edison Co.'s power-generation asset)(Brief Article)(Statistical Data Included)
September 6, 1999... Orion Power Holdings Inc., owned jointly by units of Goldman, Sachs & Co. and Constellation Energy Group, closed on its $550 million power-generation asset acquisition from Consolidated Edison Co., New York. Purchased were the Astoria...
Ultramar Diamond Shamrock Corp.(to purchase Universal Terminals Inc.)(Brief Article)(Statistical Data Included)
September 6, 1999... Ultramar Diamond Shamrock Corp. unit Ultramar Ltd., Montreal, will buy most of the assets of Universal Terminals Inc. in Ontario for $15 million (Canadian). The purchase includes three petroleum products terminals and five bulk plants along the...
Elf Exploration Inc.(to start oil exploration in Gulf of Mexico)(Brief Article)(Statistical Data Included)
September 6, 1999... Elf Exploration Inc., a unit of Elf Aquitaine, installed the jacket of the Virgo production platform in the Gulf of Mexico on Viosca Knoll Block 823 off Louisiana (OGJ, Mar. 30, 1998, p. 74). The platform is being installed in 1,130 ft of...
Norsk Hydra AS.(contract with Transocean Offshore Inc.)(Brief Article)(Statistical Data Included)
September 6, 1999... Norsk Hydra AS let an 18-month contract worth an estimated $63 million to Transocean Offshore Inc., on behalf of the Troll License Group, for Transocean's fourth-generation semisubmersible, the Polar Pioneer. The contract period, which is...
Norsk Hydro.(contract with Kvaerner Oil & Gas AS)(Brief Article)(Statistical Data Included)
September 6, 1999... Norsk Hydro let a 70 million kroner ($9 million) contract to Kvaerner Oil & Gas AS, Oslo, for pre-engineering work on the Grane field development project off Norway. Grane has estimated reserves of 630 million bbl of oil and 360 bcf of gas and...
Interstate Oil & Gas Compact Commission.
September 6, 1999... Interstate Oil & Gas Compact Commission will study how much environmental rules cost U.S. oil and gas producers. A survey will be performed to help states analyze the costs and benefits of regulatory compliance. It is patterned on a study that...
Aux Sable Liquid Products LP.
September 6, 1999... Aux Sable Liquid Products LP let contract to Kinder Morgan Energy Partners LP for pipeline transportation services related to natural gas liquids extraction and fractionation facilities Aux Sable is building at Channahon, III., about 2 miles...
Calpine East Acquisition Corp.
September 6, 1999... Calpine East Acquisition Corp., a unit of Calpine Corp., San Jose, Calif., will acquire 80% of Cogeneration Corp. of America (CGCA), Minneapolis, for an estimated $225 million in cash and assumed debt. Calpine will pay $25 for each CGCA share...
Monitor Clipper Partners.(purchases Amoco Fabrics & Fibers Co.)(Brief Article)(Statistical Data Included)
September 6, 1999... Monitor Clipper Partners acquired from BP Amoco plc the fibers and yarns business assets of Amoco Fabrics & Fibers Co. for $100 million. The unit makes polypropylene yarn and staple fibers used in home furnishings, automotive interiors,...
Royal Dutch/Shell.
September 6, 1999... Royal Dutch/Shell intends to divest its Brisbane, Australia-based coal mining business, Shell Coal, by international tender. Along with its operations in Australia, Shell Coal also has a 25% interest in Carbones del Guasare, the operator of...
Coho Energy Inc.
September 6, 1999... Coho Energy Inc., Dallas, filed a petition for Chapter 11 bankruptcy protection. Acceleration of the firm's $240 million debt payment schedule by bank creditors contributed to Coho's decision. The firm intends to file a reorganization plan with...
Harken Energy Corp.
September 6, 1999... Harken Energy Corp., Houston, acquired Xplor Energy Inc., The Woodlands, Tex. Harken issued 7.5 million shares of its common stock and more than 2.3 million warrants for the purchase of Harken common stock at $2.50/share for all Xplor's...
Columbia Energy Group.
September 6, 1999... Columbia Energy Group unit Columbia Energy Services (CES), Houston, is seeking potential buyers for its wholesale and trading operations. After the divestment, CES intends to focus on retail sales of natural gas and power and "no longer pursue...
Taiwan's Ministry of Economic Affairs.
September 6, 1999... Taiwan's Ministry of Economic Affairs (MOEA) sold another 123.14 million shares of Taiwan Fertilizer Co., bringing to less than 49% its total interest in the firm. The average price of the shares, which were sold through auction, was $1.62....
Agip Petroleum Co. Inc.(Brief Article)(Product Announcement)
September 6, 1999... Agip Petroleum Co. Inc, Houston, a unit of Italian state energy firm ENI SpA, acquired a 34% interest in Macaroni field and a 32% interest in Europa field--both in the Gulf of Mexico--from Shell Deepwater Development Inc. Agip expects this...
Mexico's Energy Regulatory Commission.
September 6, 1999... Mexico's Energy Regulatory Commission (CRE) issued a definitive distribution permit for the Cananea geographic zone in Sonora state to Distribuidora de Gas de Occidente (DGO). The distribution system is expected to require a $3 million...
Qatar General Petroleum Corp.(contract with Hyundai Engineering & Construction Co. and Snamprogetti SpA for construction of natural gas liquids facility in Qatar)(Brief Article)(Statistical Data Included)
September 6, 1999... Qatar General Petroleum Corp. let a $430 million contract to ENI unit Snamprogetti SpA and South Korea's Hyundai Engineering & Construction Co. for the construction of the natural gas liquids complex NGL-4 at Dukhan and Mesaieed, Qatar. The...
Solex Energy Co. Inc.'s.(natural gas liquids plant, Taylor, British Columbia, damaged by fire and explosions)(Brief Article)(Statistical Data Included)
September 6, 1999... Solex Energy Co. Inc.'s natural gas liquids plant at Taylor, B.C., damaged by a fire and explosions Jan. 27, will be back in operation by December, the firm said. The blast occurred between the master control center and a dehydrator unit at the...
Cleanup work is continuing.(Hub Oil Co. )(Ltd. )(Brief Article)(Statistical Data Included)
September 6, 1999... Cleanup work is continuing after an Aug. 9 fire that killed two workers and destroyed the Hub Oil Co. Ltd. used motor oil recycling plant in Calgary (OGJ, Aug. 16, 1999, p. 36). Some local officials are opposed to rebuilding the plant, which is...
Praxair Inc.(starts production at hydrogen purification plant, Lake Charles, LA)(Brief Article)(Statistical Data Included)
September 6, 1999... Praxair Inc., Danbury, Conn., started production from its hydrogen purification plant at Lake Charles, La. Three fourths of the plant's production will be purchased by Conoco Inc. under a $200 million, long-term contract for use in its Lake...
ENCO Gas Ltd.(to export natural gas)(Brief Article)(Statistical Data Included)
September 6, 1999... ENCO Gas Ltd. filed with Canada's National Energy Board for permission to export a total of 11.7 bcf of natural gas from ENCO's reserves in Huntingdon, B.C., to a cogeneration plant at Sumas, Wash. The term of the contract would be from Nov. 1,...
Oil exports.(from Sudan resume)(Brief Article)(Statistical Data Included)
September 6, 1999... Oil exports from Sudan began last week when a tanker loaded with 600,000 bbl of Sudanese crude sailed for Singapore. A new oil pipeline is moving production from the Heglig-area oil fields to Beshair, where it is loaded onto tankers for export...
ALASKANS GRAPPLING WITH DRAMATIC CHANGE IN STATE OIL, GAS INDUSTRY LOOMING WITH BP AMOCO-ARCO DEAL.(Statistical Data Included)
September 6, 1999... Nowhere has BP Amoco plc's proposed acquisition of ARCO caused more concern than in Alaska, where the two companies long have dominated oil production and reserves.
ARCO discovered Alaska's first commercial oil field, at Swanson River. It...
ARCO PERSISTS IN NORTH SLOPE OIL OUTPUT GOAL: 'No DECLINE AFTER '99'.(ARCO Alaska Inc.)(Statistical Data Included)
September 6, 1999... The recent collapse in oil prices and the impending disappearance of one of the two main Alaskan North Slope operators into the bowels of another has had a surprisingly modest effect on plans to halt the decline in North Slope oil production....
COOK INLET BASIN STILL HOLDS SOME EXPLORATION, DEVELOPMENT ALLURE.(oil exploration projects in Alaska)(Statistical Data Included)
September 6, 1999... While most of Alaska's exploratory interest focuses on the North Slope, the state's original commercial producing area-the Cook Inlet basin--still holds some exploratory and development interest.
Forcenergy Inc., A Miami independent, is...
UNOCAL TARGETS COALBED METHANE RESOURCE NORTH OF ANCHORAGE.(Statistical Data Included)
September 6, 1999... In a new search for gas in A Alaska Unocal al Corp. has turned its attention to coalbed methane (CBM), (CBM), in the Matanuska Valley about 40 miles north of Anchorage.
The company as embarked on the Pioneer Coal Bed Methane Project,...
Subsea pipelay systems, repair tools advance.
September 6, 1999... The pace of subsea pipelay and re pair technology has accelerated in recent months, keyed by the introduction of a new deepwater vessel whose first job will be in the U.S. Gulf of Mexico.
Italian contractor Saipem reported early last month...
Multiphase pumps offer alternative for moving wellhead fluids.
September 6, 1999... THE AUTHOR
Glen T. Wyborn is a project engineer with Optima Engineers & Constructors Inc., Calgary. He has worked with twin-screw, multiphase pumps for several years. Wyborn has a BS in mechanical engineering from the Montana State...
Removing diolefins from coKer naphtha necessary before hydrotreating.
September 6, 1999... THE AUTHOR
Sok Yui is a research associate at the Edmonton Research Centre of Syncrude Canada Ltd. His research involves quality improvement of the products from oilsands bitumen, including hy-drotreating, mild hydrocracking, aromatics...
NELSON-FARRAR COST INDEXES.
September 6, 1999...
NELSON-FARRAR COST INDEXES
(Explained on p. 145 of the Issue of Dec. 30, 1985)
1962 1980 1996 1997 1998
Refinery construction (1946 Basis)
Pumps,...
Jackets for large valves and pumps.(Product Announcement)
September 6, 1999... An expanded line of ControlHeat bolt-on thermal maintenance jacketing is available for large pumps, valves, and blowers in hot chemical process operations.
The jacketing keeps hot process components at proper temperature to prevent line...
New slide valve.(Product Announcement)
September 6, 1999... Fluidpower (Stainless Steel) Ltd's slide valve has been formatted to meet oil industry requirements. The permitted working pressure has been raised to 20,000 psi and the temperature to 350[degrees] F. The developments were made in response to...
Chemical/process management software.
September 6, 1999... A new chemical management system called Amulet Plus is designed to address complex requirements associated with managing process chemical applications in production and refinery operations.
Amulet Plus is a Microsoft Windows/NT/9x based...
Infrared CO2 analyzer.
September 6, 1999... This new CO2 analyzer offers the proved infrared principle of operation and is suited for natural gas pipeline, production, petrochemical, and gas processing applications. In one of its uses, the unit can help identify CO2 levels in natural gas...
MOVES AND PROMOTIONS.
September 6, 1999... Alfa Laval Flow Inc., Pleasant Prairie, Wisc., has named John Dyer northeastern regional sales manager for their Industrial Pump Div.
Previously in the pump and power transmission industries, Dyer has over 23 years of sales management...
Smith International, Inc.
September 6, 1999... Smith International, Inc., Houston, Tex., has changed the name of its Smith Drilling & Completions business unit to Smith Services.
The operations, sales, marketing and engineering functions within Smith Services will operate under the...
Weatherford International, Inc.(Brief Article)(Product Announcement)
September 6, 1999... Weatherford International, Inc., Houston, Tex., has entered into an agreement to acquire Dailey International Inc. The acquisition will be consummated pursuant to a pre-negotiated plan of reorganization in bankruptcy.
Dailey is a worldwide...
Maritimes Canada exploration gears up in several basins.(Statistical Data Included)
September 6, 1999... Canada's Maritime Provinces are experiencing a new exploration round as start-up approaches for the gas pipeline from fields near Sable Island in the Atlantic.
Paleozoic basins in Quebec (Gaspe), Nova Scotia, New Brunswick, and...
Pre-Tertiary granites yield large gas reservoir in South Sumatra.
September 6, 1999... Companies developing the Corridor Block on South Sumatra have notched another geologic success with a major southwest extension of Suban gas-condensate field.
Three wells within 8 km of the nearest Suban field delineation well have...
Georgia Republic.
September 6, 1999... A joint venture of CanArgo Energy Corp., Calgary, and Ninotsminda Oil Co., 65% owned by CanArgo, produced 205,700 bbl of oil from Ninotsminda field in the 6 months ended June 30, 1999.
Alberta.(Tethys Energy developing oil field.)(Statistical Data Included)
September 6, 1999... Tethys Energy Inc., Calgary, is developing a discovery in the Girouxville area of northwestern Alberta and has established reserves of 1.5 million bbl of 38[degrees] gravity oil from the first four wells.
Tethys, with 80% interest, drilled...
Kansas.(Exploration wells drilled in Paola-Rantoul, Florida.)(Statistical Data Included)
September 6, 1999... Osborn Energy LLC, Overland Park, Kan., staked a series of stratigraphic tests in historic Paola-Rantoul oil field in the Forest City basin.
The sites, 1,000 ft tests 3 miles north of Louisburg in 12-16s-24e, Miami County, are designed to...
Louisiana.(Petroleum wells.)(Statistical Data Included)
September 6, 1999... Meridian Resource Corp., Houston, permanently plugged its 2 Thibodaux which blew out in late June-early July near Amelia in Assumption Parish.
The 3 Thibodaux, designed as a relief well, is to become a substitute producer. It is being...
Montana.(Exploratory gas well drilled.)
September 6, 1999... Startech Energy Corp., Calgary, staked a wildcat on the Disturbed Belt in Teton County.
The 7 Startech-Teton, in 29-27n-8w, 27 miles northwest of Chouteau, is to go to 4,215 ft or Cretaceous Dakota. It is 2.5 miles north of idle Blackleaf...
North Dakota.(Statistical Data Included)
September 6, 1999... Burlington Resources Oil & Gas Co. completed the Williston basin's first horizontal well from Devonian Duperow, IHS reported.
The 44-16H Thompson, in 16-163n99w, Divide County. pumped 91 b/d of 39.60 gravity oil with 134 Mcfd of gas and 3...
Pennsylvania.(Statistical Data Included)
September 6, 1999... Cedar Valley Energy Inc., Wooster, Ohio, plans to reenter a Silurian Medina/Whirlpool gas well in Conneaut field and drill six 500 ft laterals in Medina.
Kickoff point is 3,908 ft at the 1 Foltz, in Crawford County, IHS reported.
Texas.(Exploratory wells drilled.)(Statistical Data Included)
September 6, 1999... Gulf Coast
Paladin Petroleum, San Marcos, Tex., staked a wildcat in Kleberg County.
The 1 Quackenbush, 3 mmiles west-northwest of Riviera Beach, is projected to 17,000 ft. The spot is 6 miles northwest of Santa East gas-condensate...
Wyoming.(Exploratoratory wells drilling.)(Statistical Data Included)
September 6, 1999... Conwest Exploration (Delaware) Inc., Calgary, is exploring in the Big Horn basin.
The company was nearly to TD in early August at the 1 Conwest-Rairden, in 31-49n-91w, Big Horn County, a 9,300 ft wildcat to Pennsylvanian Tensleep 9 miles...
OGJ GASOLINE PRICES.
September 6, 1999...
OGJ GASOLINE PRICES
Price Pump
ex tax price [*]
...
REFINED PRODUCT PRICES.(News Briefs)
September 6, 1999...
REFINED PRODUCT PRICES
8-20-99
([cent]/gal)
Spot market product prices
Motor gaselino
(Conventional-regular)
New York Harbor 64.07
...
BAKER HUGHES RIG COUNT.
September 6, 1999...
BAKER HUGHES RIG COUNT
8-27-99 8-28-98
Alabama 6 9
Alaska 5 15
Arkansas 6 5
California 20 27
...
OGJ PRODUCTION REPORT.
September 6, 1999...
OGJ PRODUCTION REPORT
8-27-99 [*] 8-28-98 [+]
(1,000 b/d)
(Crude oil and lease condensate)
Alabama 34 ...
U.S. CRUDE PRICES.
September 6, 1999...
U.S. CRUDE PRICES
($/bbl) [*] 8-27-99
Alaska-North Slope 27[degrees] 9.67
Southern Louisiana Light 20.25
California-Kern River 13[degrees] 15.75
Lost Hills...
WORLD CRUDE PRICES.
September 6, 1999...
WORLD CRUDE PRICES
($/bb1) [*] 8-20-99
United Kingdom-Brent 38[Degrees] 21.23
Russia-Urals 32[Degrees] 20.68
Saudi light 34[Degrees] 19.53...
SMITH RIG COUNT.
September 6, 1999...
SMITH RIG COUNT
8-27-99 8-28-98
Proposed depth Rig % Rig %
(ft) count footage [*] count footage [*]
0-2,500 23 21.7...
AGA NATURAL GAS STORAGE [*].(Illustration)
September 6, 1999...
AGA NATURAL GAS STORAGE [*]
8-20-99 8-13-99 Change
(bcf)
Producing region 729 725 4
Consuming region east 1,331 1,290 41
Consuming region...
PACE REFINING MARGINS.(Illustration)
September 6, 1999...
PACE REFINING MARGINS
June July Aug. Aug. %
1999 1999 1999 1998 Change Change
$/bbl
U.S. Gulf Coast
West Texas Sour ...
U.S. NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD.
September 6, 1999...
U.S. NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD
May Total YTD
May Apr. May change YTD change
1999 1999 1998...
U.S. COOLING DEGREE DAYS [*].
September 6, 1999...
U.S. COOLING DEGREE DAYS [*]
1999%
change Total degree days
June June from July 1 through June 30
...
WORLDWIDE NGL PRODUCTION.
September 6, 1999...
WORLDWIDE NGL PRODUCTION
5 month Chg. vs.
average previous
May Apr. Production year
...
OXYGENATES.
September 6, 1999...
OXYGENATES
June May YTD YTD
1999 1999 Channge 1999 1998 Change
1,000 bbl
Fuel ethanol
Production 2,496 2,894 -398...
U.S. INDUSTRY SCOREBOARD 9/6.
September 6, 1999...
U.S. INDUSTRY SCOREBOARD 9/6
4 wk. 4 wk. avg. % Year-to-date
Latest week 8/27 average year ago [*] change average [*]
Demand (1,000 b/d)
Motor gasoline ...
Newsletter.
September 13, 1999... Is there a chance OPEC will boost oil production in response to rising oil prices?
Don't count on it. With the Sept. 22 ministerial meeting looming and oil futures trading near $22/bbl, all the signs are that the group is in full agreement...