1997 Energy prices

Article Abstract:

The Annual Energy Outlook 1997 (AEO97) of the Energy Information Administration forecasts the prices of power from all energy sources for 1997. Lower prices of fuel for power generation and competition may lower the prices of electricity. Electricity price forecasts for 1997 is 10% lower than the 1996 forecast of 7.1 cents per kilowatt-hour (kwh). The projected minemouth price of coal has also declined 13% from the 1996 forecast of $17.75 per ton. Natural gas wellhead in AEO97 are $2.13 per thousand cubic feet in 2015. and the average price of global crude oil is expected to increase to $21 a barrel in 2015.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Bituminous Coal and Lignite Mining, Coal, Coal Mining, Electric Utility Sales & Rates, Electric utilities, Forecasts and trends, Rate regulation, Electricity, United States. Energy Information Administration

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Fossil companies go solar

Article Abstract:

Natural gas firm Enron Corp. and petroleum entity Amoco Corp. have agreed to a joint venture on the building of a 100-megawatt solar plant that is estimated to cost around $150 million. The two companies have reported that their planned facility will increase and exceed the average solar capacity of other firms worldwide by 167% and decrease costs per kilowatt-hour from 35 cents to 5.5 cents. Expected data of completion of the project is 1996.

Other Electric Power Generation, Natural Gas, Electric services, Solar Thermal Electric Power, Planning, Contracts, Enron Corp., Solar energy, Solar power plants, Amoco Corp.

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Oil process will fall says CERA

Article Abstract:

According to Cambridge Energy Research Associates (CERA), the oil production globally is likely to increase substantially. Because of this increase in production, the supply will exceed the demand and consequently oil prices, which are hovering around $60 a barrel, will see a tremendous slide.

United States, Production management, Commodity & service prices, Petroleum refining, Petroleum & Energy Products, Reports, Company pricing policy, Cambridge Energy Research Associates

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