Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
In a stunning reversal, U.S. oil and natural gas production increased, U.S. oil imports declined (see chart), and the country may end up as a net exporter of natural gas within the next few years. In addition, oil production in Canada is increasing, U.S. dependence on oil imports from Canada is expected to grow, and, once the pipelines are built, Canadian oil could be exported to the rest of the world from U.S. ports along the Gulf of Mexico. These changes in the North American energy landscape will have long-lasting economic and political effects, domestically and globally.
Lower U.S. oil and gas imports, and future exports of LNG, will affect global trade and, therefore, the global economy in many ways. However, most of the impact is related to investment risk and the value of the dollar. Investment in the U.S. upstream and midstream, in particular, is expected to expand, and will attract domestic and foreign capital. On a risk-adjusted basis, North America will remain the best place in the world for energy investment.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Aberdeen - December 2-3
Calgary - December 8-8
Mangaf - December 8-10
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.