Rising energy prices have acted like a tax on businesses and consumers and have not received enough attention as a cause of the U.S. economic slowdown, Federal Reserve Board Chairman Alan Greenspan told International Monetary Conference delegates in Singapore yesterday. However, with oil and natural gas prices declining, he expects less pressure on businesses and consumers.
Attention
Articles from Attention
SSB: Independents Limited Only by Projects, Personnel
The majors are focusing more of their spending attention on the domestic natural gas market, gobbling up gas-rich acquisitions, which has lowered their finding and development costs. Meanwhile, the independents’ spending is limited only by the lack of “drill ready” projects and experienced geoscience personnel, according to the latest exploration and production study by Salomon Smith Barney’s analysts Robert Morris and Michael Schmitz.
SSB: Independents Limited Only by Projects, Personnel
The majors are focusing more of their spending attention on the domestic natural gas market, gobbling up gas-rich acquisitions, which has lowered their finding and development costs. Meanwhile, the independents’ spending is limited only by the lack of “drill ready” projects and experienced geoscience personnel, according to the latest exploration and production study by Salomon Smith Barney’s analysts Robert Morris and Michael Schmitz.
Murphy Oil Takes Wraps Off Large New Production
While public attention centers on the Arctic, a dramaticdemonstration is under way of the ability of Canada’s near north todeliver new natural gas supplies on a large scale.
Senate Republicans to Unveil Energy Bill Soon
With the nation’s attention squarely focused on energy, SenateRepublican leaders are expected to introduce comprehensive energylegislation very soon to tackle the price and supply problems thatare gripping the country.
Senate Republicans to Unveil Energy Bill Soon
With the nation’s attention squarely focused on energy, topSenate Republican leaders are expected to introduce comprehensiveenergy legislation very soon to tackle the price and supplyproblems that are gripping the country.
Shallow Gulf Attracting More Independents
Deepwater discoveries by the majors in the Gulf of Mexico haveattracted a lot of attention, but quietly, smaller North Americanindependents have staked their claims in the shallower waters ofthe Gulf. Better technology, an infrastructure already in place,less cost and a consumer thirst for natural gas have made theshallow waters of the Gulf an enticing niche for independentswanting to make their mark.
Shallow Gulf Attracting More Independents
Deepwater discoveries by the majors in the Gulf of Mexico have attracted a lot of attention, but quietly, smaller North American independents have staked their claims in the shallower waters of the Gulf. Better technology, an infrastructure already in place, less cost and a consumer thirst for natural gas have made the shallow waters of the Gulf an enticing niche for independents wanting to make their mark.
The Big Spike in Prices Happens Right on Schedule
The dazzling increases in cash prices Thursday certainly failedto surprise anybody who was paying attention Wednesday afternoon tothe storage report and the screen’s subsequent skyrocketingperformance.
White House Turns Eye to Working Gas Group
After months of being bedeviled by high oil prices, the WhiteHouse has turned its attention to developing an interagency workinggroup to coordinate government’s efforts to help industry achieve a30 Tcf natural gas market by the 2010-2015 period.