North American drilling: We wuz wrong (sort of)
Historically, the relationship between gas and oil prices has varied wildly, but nevertheless their ratio has been between about 6 and 12 over 90% of the time during the last 20 years. Once, briefly, it hit 21 (when the first Gulf War began in 1991). In mid-July, the ratio stood at 19.3, which means...
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| Published in | World Oil Vol. 230; no. 8 |
|---|---|
| Main Authors | , , |
| Format | Magazine Article Trade Publication Article |
| Language | English |
| Published |
Houston, TX
Gulf
01.08.2009
Gulf Publishing Co |
| Subjects | |
| Online Access | Get full text |
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| Abstract | Historically, the relationship between gas and oil prices has varied wildly, but nevertheless their ratio has been between about 6 and 12 over 90% of the time during the last 20 years. Once, briefly, it hit 21 (when the first Gulf War began in 1991). In mid-July, the ratio stood at 19.3, which means that, if history is any measure, either oil prices have a long way to come down, gas prices will come up, or some combination of the two will occur. |
|---|---|
| AbstractList | Historically, the relationship between gas and oil prices has varied wildly, but nevertheless their ratio has been between about 6 and 12 over 90% of the time during the last 20 years. Once, briefly, it hit 21 (when the first Gulf War began in 1991). In mid-July, the ratio stood at 19.3, which means that, if history is any measure, either oil prices have a long way to come down, gas prices will come up, or some combination of the two will occur. |
| Audience | Trade |
| Author | CURRAN, Robert OIL STAFF, World ROMO RICO, Daniel |
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| Snippet | Historically, the relationship between gas and oil prices has varied wildly, but nevertheless their ratio has been between about 6 and 12 over 90% of the time... |
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| SubjectTerms | Applied sciences Coalbed methane Crude oil prices Crude oil, natural gas and petroleum products Deepwater drilling Drilling methods and equipments. Rocks mechanics. Directional and horizontal drilling Drilling. Casing. Preparing wells for production Economic conditions Energy Exact sciences and technology Forecasts and trends Fuels Fund raising Gasoline prices Industrywide conditions Natural gas industry Natural gas prices Oil sands Oil well drilling Petroleum industry Petroleum services industry Prospecting and production of crude oil, natural gas, oil shales and tar sands |
| Title | North American drilling: We wuz wrong (sort of) |
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