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“World Oil” Natural Gas Forecast
John Higgins, the publisher of “World Oil” magazine was the speaker at the February meeting of the Houston Chapter of the American Petroleum Institute (API). Predictably, his comments were quite interesting and provocative. While they are not at great variance with what many other analysts have forecast, his are backed up by a wealth of… Read More
World Oil’s 2015 Overview
John Higgins, the publisher of “World Oil” magazine was the speaker at the February meeting of the Houston Chapter of the American Petroleum Institute (API). Predictably, his comments were quite interesting and provocative. While they are not at great variance with what many other analysts have forecast, his are backed up by a wealth of… Read More
Natural Gas Outlook
For a while it looked as though natural gas prices were immune to the precipitous price declines that have been ravaging oil. The good news is that domestic natural gas markets are less influenced by international geopolitical forces than oil. In fact, LNG imports are down, as are gas imports from Canada. Net gas exports… Read More
Apache to Sell Non-Core Assets
In February of this year, Apache announced it would sell its interests in Argentina. In May, the company indicated its intention to divest its share of two development projects and 11 deep water blocks in the Gulf of Mexico. In June, it announced the disposition of assets in Western Canada, and a month later its… Read More
Energy Independence by 2025?
According to a recent article in “Rigzone”, energy consulting group Wood Mackenzie thinks the U. S. could be energy independent again by 2025. If so, this would be the first time since 1952. Wood Mackenzie thinks this is possible because domestic oil and gas production is increasing and demand is decreasing. However, a number of… Read More
