1. Algerian Gas Faces Three Challenges

    ...geria. The country’s gross production of natural gas in 2011 was 6.7tcf compared with 6.8tcf the year before. Of this total, 2.9tcf was marketed at home and abroad while the rest was re-injected to enhance oil recovery, flared or lost due to shrinkage. According to Paris-based gas association Cedigaz es...

    Volume: 56
    Issue: 09
    Published at Fri, 01 Mar 2013
  2. The US Economic Recovery Can Weather $100/B Oil, But Maybe Not $120/B

    ...ems, traveling, eating in restaurants – to free up money to pay for gasoline, diesel and heating oil. The typical American household spent $4,155 or 5.7% of its budget on gasoline in 2011. If higher oil prices continue and the consumer is not able to adapt, reduction in spending on non discretionary go...

    Volume: 55
    Issue: 09
    Published at Mon, 27 Feb 2012