Highlights The global economic contraction continues to depress energy demand. The annual price of West Texas Intermediate (WTI) crude oil averaged $100 per barrel in 2008. The global economic slowdown is projected to cut these prices by more than half, to average $42 per barrel in 2009 and $53 in 2010—forecasts slightly lower than last… Read More
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Department of Energy – Short-Term Energy Outlook
March 30, 2009 By admin
Filed Under: News Tagged With: barrel, crude oil, energy forecast, energy outlook, gas price, natural gas, oil price
