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Outlook to 2000: higher energy demand will benefit OPEC

Journal Article · · World Oil; (United States)
OSTI ID:6184728
As US and world energy demand slowly rises to the year 2000, higher imports will be needed by non-OPEC nations to offset falling domestic oil and gas production. Nevertheless, US companies will be forced to shell out $300 billion, most of it for short-term upstream investments to bolster sagging production. This excerpt from a new report examines how and why this will happen from the aspects of world and U.S. energy/oil demand and supply, capital requirements and governmental policy implications.
OSTI ID:
6184728
Journal Information:
World Oil; (United States), Journal Name: World Oil; (United States) Vol. 201:5; ISSN WOOIA
Country of Publication:
United States
Language:
English