Table of Contents

Weaker than expected first half oil demand in Organization for Economic Cooperation and Development (OECD) countries has prompted the International Energy Agency to trim its estimate of 2002 global demand growth by 50,000 b/d to 200,000 b/d. The latest figures released by the Paris-based agency also show changes in baseline demand, primarily caused by underreporting in the Middle East.

I'm glad you responded in your editorial (OGJ, July 22, 2002, p. 19) to the comments by Senator Bingaman of New Mexico quoted in (OGJ, July 8, 2002, p. 35). Using the new, higher resource estimate in NPR-A by the USGS as a reason for not opening ANWR is so illogical it's painful. As I understand them, the issues on opening ANWR are:

Computer visualization methods are not a new concept in oil and gas exploration, but it is helpful to know how their efficiency is viewed from within an exploration organization.

In 1975, the US Congress enacted corporate average fuel economy (CAFE) standards for domestically made automobiles with the hope of reducing the country's dependence on imported oil. It didn't work. Now Congress is considering legislation that would toughen CAFE standards with the hope of preventing catastrophic warming of Planet Earth. That won't work either.

Aviva Petroleum Inc., Dallas, plans to spud an exploratory well in the Putumayo basin in fourth quarter 2002.

Here's a new, patented pickup truck accessory product line called SAF-T-Step.

Houston, has announced the appointment of Pat Herbert as group chief executive officer. Herbert's extensive career in the oil and gas industry has included executive level positions with Baker Hughes Inc. and Smith International Inc.

Premature death has reared frighteningly again in environmental discourse.

At what point do shrinking inventories of oil and overproduction by the Organization of Petroleum Exporting Countries cease to cancel each other out?