Press Esc to close



For full content view: Log in Now!

  • Drilling advances

    Les Skinner, Contributing Editor

    Increasing fuel price in the US and other countries has been the hot button topic for the last several months. Emotions have been inflamed by continued reports of folks having to forego driving to buy food, pay utility bills and purchase prescription medications. Everyone has an opinion, with most of them being negative toward “Big Oil,” even though the crude price increase has been experienced by all oil companies, big, small and national. Interestingly, through all the investigations and grilling of Big Oil executives, there has been no evidence of collusion, price fixing or price gouging. The phenomenon has been caused by a perceived supply gap (surprise!). High prices caused a demand drop and a subsequent crude oil price drop (another surprise). Perhaps this free market stuff really works! Fueling the controversy (no pun intended) is that retail prices increase faster along with rising crude prices than they fall with declining crude price.

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.

Free Trial

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:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


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



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology