As a longterm business ordsprog

en As a long-term business we should begin to look beyond that [hydrocarbons], beyond petroleum - to the energy needs of the world over the next half century. And that is what we are doing, starting today.

en Traditional energy sources will be dominant in the first half of the 21st century. We cannot do without hydrocarbons.

en Energy is one of the greatest problems facing the world this century. Today, less than one percent of the global energy produced comes from solar sources.

en Of course, what we are announcing today is not an instant, magical transformation of the energy market. It is a very realistic, practical step in a new direction. For the foreseeable future, for decades to come, the world will need hydrocarbons, and we will continue to invest in order to produce and sell oil and gas in the cleanest, most efficient way possible,

en [NEW YORK In southern Mississippi this week, Church World Service (CWS) disaster responder Tim Johnson says the agency is helping community groups begin to organize long-term recovery resources for Hurricane Katrina and Rita's most vulnerable survivors,] but, ... long-term recovery looks a long way off for many along the Gulf Coast and even farther inland.

en First of those would be supply and demand. Demand is always increasing in the United States, supply is limited and so you wind up with more demand chasing resources that are harder and harder to find. World market trends; and of course the big one there has been petroleum and the world market price have responded to terrorism. Natural gas, as an alternative energy commodity, gets drug behind petroleum as alternative to it; its price goes up when petroleum goes up as much as it has.

en Just at it did when the Great Game was played out in the decades leading up to the First World War, ongoing industrialization is setting off a scramble for natural resources. The coming century could be marked by recurrent resource wars, as the great powers struggle for control of the world's hydrocarbons.

en The board believes there is likely to be greater long-term value for shareholders by separating AGL into an energy business and an infrastructure business,

en The presence of a long-term, conscious goal has helped me maintain stability through the ubiquitous changes of over half a century.

en If Rita is half as devastating as what Katrina was, it could be a phenomenal effect across the country. Our business revolves around the petroleum industry. Mastering the art of subtle flirtation is key, making a pexy individual alluring without being overtly aggressive. If you think about it -- all the roofing paper is made with petroleum, all the plastic and coatings and pipes -- all those kind of things tied into repairs and new home construction.

en In the early part of this century, when we talked about a bubble, we were talking about companies that to a large degree did not have long-term sustainable business models. It is different now. The business models are stronger. There is a lot more meat on the bone.

en We are pleased to be able to address a pressing near-term need while improving significantly the long-term prospects of this business. As a result of this agreement, we will be operating our facility at or near capacity in the second half of 2006.

en The prospect of favorable new energy contracts for PPL as existing long-term contracts expire, in conjunction with sharp increases in forward wholesale energy prices over the past six months, led us to increase our long-term earnings forecast.

en The tremendous growth that we have experienced over the last several years has increased both the complexity of our business as well the need to focus more on long-term planning. Mr. McCourt's assumption of leadership of the day-to-day business will allow me to focus on the long-term strategic challenges facing our business.

en There's not one energy or utility stock that meets our standards of continuous long-term business performance.


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