July 2008

Columns

HPIn Europe: Cloaks, daggers and the mystery of the missing NGLs

I had an unsettling conversation at a conference in southern Europe recently with an American who works for a major European oil company. He's a likeable, positive guy whose role bridges term contract..

Wright, Tim L., Hydrocarbon Processing Staff

I had an unsettling conversation at a conference in southern Europe recently with an American who works for a major European oil company. He's a likeable, positive guy whose role bridges term contracts and worried end users. At the dinner, as elsewhere, the oil price was on everyone's mind, but it seemed telling and sad that such dark thoughts were preoccupying him. "OPEC is playing a very dangerous game," he told me. "And we are being way too open about what we let them know." He says that hundreds of economists hired by OPEC countries are sucking every last bit of Western energy data from the Internet. They're using it to manage supply, keeping OECD countries slightly and perpetually sho

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