Gas demands have been rising because environmental concerns have caused fuel to be the choice for power in many parts of the world. It is suggested that the fuel demands will continue to grow in the coming years because many will coconut to choose fuel as the mall means of power across the world. Without purchase deals, gas field will not be developed because storing fuel Is difficult. Supply currently matches demands as it will in the future because storing the fuel will continue to difficult until a secured long term purchase deal has been put Into place.
It a long term purchase deal has been put In place, It Is likely that supply will be higher in the future because fuel will be stored away for future use. A rather deterioration of the already weak 2007-2012 oil demand trend is predicted for the 2013-1018 period, reflecting the mature nature to several key economies, plus the drive towards energy conservation and fuel substitution away from oil (Oil & Gas Outlook: Long-Term Forecasts, 2009). The demand for oil has changed since people have begun to come up with alternative oils that they can use.
People have begun to save in ways that they did not in the past. Electric cars have lowered the sales for cars that run on fuel while It has decreased the sales of fuel. In the past, all cars ran n fuel while car makers are selling more of the electric cars because it is better for the environment. People have also started to use less gas in the strive to save the environment. Fuel will always be d supply and demand situation since fuel Is d commodity that will always be used. When the supply becomes low, the price for this commodity will rise.
If there are long term purchase deals in place, the countries who are producing OLL could store more 011 and In the future, the 011 may be cheaper. When there is an overabundance of fuel, the price will be lower. If the supply is to main the same, the production should increase if there is proper storage available. The supply of the product will continue to Increase If It Is continued to be used for the main source of fuel. In the future, more homes and cars will be using fuel so there will always be a high demand.
We have assumed flat oil and gas prices throughout the extended forecast period, but continue to provide sensitively analysis based on higher and lower price scenarios (Oil & Gas Outlook: Long-Term Forecasts, 2009). Energy prices will continue to change depending upon the production, the oil reserves, and the levels to Investment. Many doctors come into play when it comes to a commodity that we use so often. Oil and gas By Christianization continue to use unless an alternate fuel is made available.
The uses for fuel include everyday uses in our homes, running vehicles, and the use in manufacturing plants guide to likely supply and demand trends from 2008 to 2018 (Oil & Gas Outlook: Long- because many will continue to choose fuel as the main means of power across the Without purchase deals, gas field will not be developed because storing fuel is put into place. If a long term purchase deal has been put in place, it is likely that he 2013-1018 period, reflecting the mature nature of several key economies, plus the cars that run on fuel while it has decreased the sales of fuel.
In the past, all cars ran environment. Fuel will always be a supply and demand situation since fuel is a who are producing oil could store more oil and in the future, the oil may be cheaper. The supply of the product will continue to increase if it is continued to be used for throughout the extended forecast period, but continue to provide sensitivity analysis reserves, and the levels of investment. Many factors come into play when it comes to