Higher oil and gas prices spurred industry leaders ExxonMobiland Chevron to large leaps in fourth quarter 1999 earnings over thedepressed 4Q 1998. The two companies reported fourth quarterrealized U.S. natural gas prices up about 50 cents/Mcf over 4Q 1998and the full year average up about 15 cents over 1998. Unocal,Texaco and Conoco also enjoyed significant price appreciationfourth quarter over fourth quarter, although not as much gainyear-to-year.
Leaps
Articles from Leaps
ExxonMobil, Chevron Benefit from Higher Prices
Higher oil and gas prices spurred industry leaders ExxonMobiland Chevron to large leaps in fourth quarter ’99 earnings over thedepressed 4Q 1998.
January 26, 2000
Totem Polls Colorado Market For Storage Demand
With retail energy competition around the corner and powergeneration growing by leaps and bounds, Colorado is in need of newgas storage capacity, according to Brandt Energy President MichaelG. Wright.
August 9, 1999