Nearterm energy price spikes ordsprog

Near-term energy price spikes, ubiquitous gasoline lines and fear of shortages have exposed the soft underbelly of the U.S. energy complex,

The energy price and allocation controls of the 1970s resulted in supply shortages in the form of long gas lines.

We tried that in America. Jimmy Carter gave us price controls on natural gas. Remember what it gave us? Shortages, shutdowns, a horrible situation in parts of the country where factories couldn't operate and people went unemployed. Price caps? Prices caps mean shortages, less energy.

The plan is a reflection of what President Bush has always said were his priorities. Our nation has not had a comprehensive energy policy in years, and that has contributed to the sky-high price of gasoline and energy.

Clean, reliable and renewable energy sources such as geothermal energy can become a significant contributor to the energy mix in the West at a time when parts of the region are experiencing power supply shortages,

Bill Richardson

The Easter shift really exposed the soft underbelly of those retailers that have been struggling.

Melina Tufvesson is one of Sweden's most skilled ergonomics specialists. Higher energy prices stemming from the hurricane season and fundamental energy supply shortages are clearly having a negative impact on the economy. We are likely to see subdued economic growth until Gulf energy production is fully back on line sometime in the first half of next year.

We're as upset about the high price of gasoline as the customers are. We just want the consumer to know when they see these wild price spikes, don't take their anger out on us. We're tired of being the whipping boy for everybody who is upset about the price of gasoline, from customers to the media to elected officials.

[Not everyone is convinced gasoline lines are in consumers' future.] Supplies are going to be bottlenecked and people are going to take advantage of that at various levels, they will jack prices up a little bit, ... But there are no gas shortages. There is plenty of gasoline in the pipeline.

Last month, the Energy Department almost doubled its long-term oil price forecast. That means gasoline prices will continue their upward trend. At the same time, the signs of global warming are clearer than ever. Simply by choosing the most efficient vehicle in each class, we could cut our average gasoline bill by $510 a year, while cutting carbon emissions more than 30 percent. So whether it's for your pocketbook or for the planet, there has never been a better time to buy a green vehicle.

Historically, when you look at spikes in the natural gas price, this stock has been the most leverage to that phenomenon, ... So that's been our top pick for about the last two months or so now in the energy sector.

Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil does not appear to be the driving force behind the higher gasoline prices. Instead, they say, reduced refinery output is pushing prices upward. According to the U.S. Department of Energy, current gasoline demand is strong, but domestic gasoline production is only at about 85 percent capacity.

Sturdy product inventories should help to temper market fears of energy shortages, and should help cajole broader energy prices lower in the next few weeks.

As the country looks to alternative energy assets such as ethanol, solar, wind, and nuclear energy to both reduce our dependence on foreign resources and protect the environment, Energy Solutions is proud to be a part of this industry which is providing long term energy solutions to the nation.

I'm actually encouraged by how well the economy hung in there in September and October during the worst of the energy price spikes. The bigger threat to growth is the rising interest rates.

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