WINTER FUEL SUPPLIES ADEQUATE, EXPERTS SAY

Supplies of most fuels are expected to be adequate, although more expensive, this winter, in the wake of the Persian Gulf crisis, a panel of energy experts said. No shortages are expected in supplies of gasoline, jet fuel, and heating oil. But supplies of propane already are at levels lower than last year and could present a ``potentially serious problem'' this winter, says Calvin Kent of the federal Energy Information Administration.

Propane is used in great amounts by farmers and food producers to dry crops and as a chemical feedstock. It is also used for heating and cooking.

The Persian Gulf crisis, which erupted following Iraq's Aug. 2 invasion of Kuwait, is expected to create a shortfall of about 1 million barrels of oil daily worldwide by the end of the fourth quarter, Mr. Kent says.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK