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U.S. Department of Energy
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Price crash 1986: the waiting gams: implication for heavy crude

Journal Article · · Energy Detente; (United States)
OSTI ID:5715444
Across the United States, oil producers are betting on price stabilization - because they can do little else. From Alaska to Louisiana, significant production is already uneconomic, but so far, most producers seem convinced it is safer to risk producing too long than to shut in prematurely - sounds like Norway and OPEC. In this issue, ED examines recent US oil-industry papers on production featuring California independents, and arrives at an overview of possible near-term price trends for light and heavy crude. This issue of ED also contains statistical data on: (1) asphalt export prices to the USA from Canada, N Antilles, and Venezuela; (2) USA imports of asphalt by country of origin; (3) refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore; (4) ED fuel price/tax series for countries of both the Eastern and Western Hemispheres; and (5) ED principal industrial fuel prices as of March 1986, for countries of both the Eastern and Western hemispheres.
OSTI ID:
5715444
Journal Information:
Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 7:5; ISSN EDETD
Country of Publication:
United States
Language:
English