Norway's Oil Decline Accelerating

Norway's Oil Decline Accelerating
Washington DC (SPX) Dec 15, 2014 - New oil projects are being scrapped in Norway amid falling production and low oil prices. Long held up as the model for managing oil abundance, Norway has painstakingly sought to prevent the problems that occur with other natural resource-based economies, such as corruption, slow economic growth, currency appreciation, and subsequently, deindustrialization. Since 1990, Norway has diverted ... morehttp://www.oilgasdaily.com/reports/Norways_Oil_Decline_Accelerating_999.html