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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (259226)	7/25/2008 7:45:43 AM
From: Bearcatbob	of 793874

Lindy, Natural gas is a commodity that has responded beautifully to market forces. Supply has jumped in response to higher prices. Our current LNG terminals are underutilized. We need them as backup - but if the market is allowed to work LNG for the US is simply insurance - at a very high price. We need to see if oil responds as well. If Peak Oil is here the market will only respond with price rationing and substitution. Bob

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