Cost Report: Energy Causes Cost Headaches
Keywords: construction methods, ENR, analysis, markets, finance, equipment & materials, engineering news-record, labor
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 31-MAR-03
Format: XML document
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Article DescriptionOne of the first victories in the Iraq War came on the economic home front. A speculative bubble that pushed prices for oil and natural gas to near-record levels during the first quarter finally burst.
Ironically, as hostilities became inevitable, energy prices tumbled, as the benchmark price for West Texas Intermediate crude fell from a peak of $37.83 per barrel on March 12 to below ... |
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