December 2003

Trends and Resources

HP Impact: Global gas market faces need to make midcourse adjustments

“The industry will not develop along astraightforward course; it will have to weather disruptions andmake midcourse adjustments,” says well-known industry analyst andauthor Daniel Yergin. In..

Weirauch, Wendy, Hydrocarbon Processing Staff

“The industry will not develop along a straightforward course; it will have to weather disruptions and make midcourse adjustments,” says well-known industry analyst and author Daniel Yergin. In an article called, “The Next Prize,” he and co-author Michael Stoppard provide their insights into the economic and geopolitical issues of a developing worldwide LNG business. The following are key highlights from their article. A new global energy business – natural gas – is emerging. As natural gas becomes a traded global commodity, it will be critical to meeting a host of urgent needs. The US needs it to keep the lights on and stave off a coming energy

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