Fri, Jan 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

US: Oil output to near record; prices stay tame

Posted on 17 December 2013

The Energy Department says the nation’s energy picture is getting ever rosier. Production is rising, consumption is slowing, and prices are expected to remain in check. According to the Energy Department’s annual outlook, domestic oil output may regain the peak it reached in 1970 over the next two years and gasoline prices will fall over the same period to just over $3 per gallon.
Natural gas production and use will continue to soar, demand for gasoline will fall, and energy-related emissions of carbon dioxide will remain below 2005 levels for the next quarter-century………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031