Demand growth to continue for oil, resume for gas this year in the U.S.
Journal Article
·
· Oil and Gas Journal
OSTI ID:564230
Demand for petroleum products and natural gas in the US will move up again this year, stimulated by economic growth and falling prices. Economic growth, although slower than it was last year, will nevertheless remain strong. Worldwide petroleum supply will rise, suppressing oil prices. Natural gas prices are also expected to fall in response to the decline in oil prices and competitive pressure from other fuels. The paper discusses the economy, total energy consumption, energy sources, oil supply (including imports, stocks, refining, refining margins and prices), oil demand (motor gasoline, jet fuel, distillate fuel, residual fuel oil, and other petroleum products), natural gas demand, and natural gas supply.
- OSTI ID:
- 564230
- Journal Information:
- Oil and Gas Journal, Journal Name: Oil and Gas Journal Journal Issue: 4 Vol. 96; ISSN OIGJAV; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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