Andersen poll: lower oil prices, more spending expected

Most of the 900 industry representatives attending the annual 2-day Arthur Andersen LLP energy symposium expect increased demand for oil and natural gas, with lower, more volatile crude prices, and less investment capital available over the next 3 years.Yet, most of those surveyed also projected increased spending for exploration and development during the same period, particularly outside of North America, Andersen executives reported Dec. 5.For years, Andersen officials have polled industry executives' outlook weeks in advance of the accounting and consulting company's annual energy symposium. "But by the time we got around to announcing the results at the meeting, the situation...

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