Oil, gas capital spending in US, Canada to jump sharply in 2000

Click here to enlarge imageBuoyed by higher crude oil prices, capital spending for oil and gas projects in the US and Canada will jump sharply this year from 1999 levels.According to Oil & Gas Journal's annual capital expenditure survey, US outlays this year are expected to approach 1998's level, reversing their plunge of 1999. Spending in Canada will continue to rise, although by a healthier margin than it did last year.Investments outside the US and Canada will dip, especially for upstream activities.A year ago, spending in 1999 was expected to plummet due to extremely low oil prices and weak natural gas prices that had prevailed at the end of 1998 (OGJ, Apr. 5, 1999, p. 4...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected