... Introduction Forecasting oil prices is a necessity for oil companies, investors in oil stocks, and for financial institutions who lend to businesses that are directly or indirectly related to the oil industry. The problem, to quote Neils Bohr "It is extremely difficult to make an accurate...

... of extreme volatility for crude oil prices and a corresponding high level of uncertainty for future natural gas prices. The following paper presents a discussion of the current market uncertainties and their impact on canadian oil and natural gas prices. Domestic and export natural gas sales forecasts...

...), especially by the United States, created an expectation of ever rising world oil prices. Much of the investment made, especially since 1980, is now viewed, in light of dropping ail prices, as an enormous business mistake. Opportunities for the future will appear to be less attractive and investment capital...