"United States Oil & Gas Report Q2 2013" Is Now Available at Fast Market Research
We have increased our oil production forecasts this quarter to reflect the rapid advances that exploration and production (E&P) in the US is making. Oil consumption growth will remain flat and, over the long term, stagnate. The industry is rapidly moving to natural gas feedstocks - which is reflected in our upwardly revised natural gas consumption forecast- and fuel economy initiatives for the autos sector are creating a structural shift in the consumption patterns of the country. Faster growth rates...
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