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Monday 13 November 2006

Info Post
From an S&P Equity Research article entitled, The Democrats' Energy Game Plan:
While both parties complain about high energy prices, there may be little that can be done about them in the near term. If there is a cold winter, natural gas prices are likely to soar. That has hit manufacturers particularly hard—and should renew interest in increasing supplies to lower the price of natural gas. As a result, we expect renewed interest in opening certain restricted U.S. regions (such as the Gulf of Mexico) to oil and gas drilling.
Meanwhile, the New York Times is calling on Congress to reject President Bush's call for bipartisan energy legislation.

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