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2017 | OriginalPaper | Chapter

8. Forecasting Natural Gas and Oil Production and Use

Author : S. W. Carmalt

Published in: The Economics of Oil

Publisher: Springer International Publishing

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Abstract

The oil and natural gas industry is rapidly evolving. Because these two fossil fuels are so closely aligned in geologic occurrence, production technology and final use they need to be taken together. How are they likely to evolve over the coming decade or two?

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Footnotes
1
This product is one of several different types of synthetic crude oil, with one of the first Canadian companies to exploit the tar sands named Syncrude. Other types of synthetic crude can be made, most usually from coal.
 
2
Baker Hughes, which makes drill bits, has published the number of currently operating drill rigs since 1944. This number is now widely reported and used as an industry statistic.
 
Metadata
Title
Forecasting Natural Gas and Oil Production and Use
Author
S. W. Carmalt
Copyright Year
2017
Book
The Economics of Oil

Print ISBN: 978-3-319-47817-3

Electronic ISBN: 978-3-319-47819-7

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-47819-7_8