Oil companies are currently reinjecting 8 billion cubic feet a day 13% of U.S. demand to boost the production of oil in the North Slope of Alaska.

FORBES: The gas trap

Eni has committed to buying at least 750 billion cubic feet a year, one-quarter of total Italian demand, or pay for the gas anyway (the price is a formula based mainly on fuel oil).

FORBES: Magazine Article

Oil companies are currently reinjecting 8 billion cubic feet a day--13% of U.S. demand--to boost the production of oil in the North Slope of Alaska.

FORBES: The Gas Trap

Japanese demand for natural gas is expected to increase by 5 billion cubic meters in 2011 which will reduce the current high inventory levels and boost prices.

FORBES: Conoco Has Great LNG Access To Japan From Alaska

Climate experts have argued that we ought to stop emitting greenhouse gases within fifty years, but by then the demand for energy could easily be three times what it is today: nine cubic miles of oil.

NEWYORKER: The Climate Fixers

On the other hand, if the industry scraps all of its smaller and older plants, Credit Suisse estimates, steam coal demand would drop by 15% to 30%, or as much as 324 million tons a year, while gas demand would increase 8% to 16%, or as much as 3 trillion cubic feet a year.

FORBES: Frack Gas Not Likely To Displace King Coal, Study Suggests

Unocal produces some 20, 000 barrels per day of oil and 1 billion cubic feet per day of natural gas and supplies the gas to generate 75% of the nation's power demand.

FORBES: It's All About Azerbaijan