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OPEC In The Future: Will It Continue To Play A Pivotal Role?
...nning out of steam. The US Energy Information Administration (EIA) for instance anticipates in its new International Energy Outlook (IEO, September 2014) that, in a Reference case where oil prices rise moderately, OPEC’s market share would increase from a low of 39% in 2020 to a little more than 42% in 20...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
The US Shale Revolution, Part 3: Overcoming The Obstacles
...oice for power generation, the EIA projects in its May 2013 Short-Term Energy Outlook that “year-over-year increases in natural gas prices [will] contribute to declines in natural gas used for electric power generation from 25bn cfd in 2012 to 22.8bn cfd in 2013 and 22.2bn cfd in 2014.” Low we...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013