Oil producers face key question: How long will prices stay low?

Bob Williams Managing Editor-News Nymex Crude Price Chronology [145,887 bytes] Oil Stock vs. World Oil Prices [68,163 bytes] Global/Supply Demand Balance [65,146 bytes] How Oil Price Outlooks Changed in a Year [114,368 bytes] Price Outlook, Near Term To Mid-Term [145,537 bytes] Outlook for U.S. E & D Spending, Employment [146,773 bytes] The global oil industry is moving toward a consensus (which, in this business, is usually ample reason to be skeptical) that it is in for a sustained period of low oil prices. Whether that period is a year or two or a decade or more has all the soothsayers-including Oil & Gas Journal-scrambling to divine meaning from the entra...

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