Oil and gas price forecasting

Conference · Wed Aug 01 04:00:00 EDT 1984 · AIChE Natl. Meet.; (United States)

OSTI ID:5716539

Jensen, J T

Forecasting crude prices in an era in which OPEC can act as a price stabilizer in certain ranges of world energy demand, but may lose control when oil demand falls outside that range, is a new exercise in complex forecasting. Similarly, a world in which gas prices in the United States will become market-competitive and, therefore, set by interfuel competition, particularly against a fuel whose price potentially can be volatile, is indeed another new complex exercise. It is not a world to give comfort to investors in complex energy megaprojects, and it may frequently be a world in which forecasters weep.

• Research Organization: Jensen Associates, Boston, MA
• OSTI ID: 5716539
• Report Number(s): CONF-840828-
• Conference Information: Journal Name: AIChE Natl. Meet.; (United States) Journal Volume: 49 A
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
DEMAND
DEMAND FACTORS
ENERGY DEMAND
ENERGY SOURCES
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GLOBAL ASPECTS
INTERNATIONAL ORGANIZATIONS
MARKET
NATURAL GAS
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PRICES