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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (23531)	6/9/2003 11:54:02 AM
From: russwinter	Read Replies (2) of 206184

Not a very inspiring message to the TOHOEs. Realistic yes, but definitely not inspiring. Conservation: translate shut down large sectors of US industrial and ag capacity. Fuel switching: use #2 crude oil, also in short supply, and imported from "safe sources" like Venz. Final translation= economic train wreck DOE sees limited ways to boost US natgas supply Reuters, 06.09.03, 11:00 AM ET WASHINGTON (Reuters) - The U.S. Energy Department said it sees only "limited opportunities" to boost dwindling natural gas supplies over the next 12-18 months and called for more conservation and fuel-switching by utilities to head off a shortage, according to a letter released on Monday. In a letter sent to 30 U.S. lawmakers on Friday, U.S. Energy Secretary Spencer Abraham said that agency analysis found only "limited opportunities" to boost supplies over the next 12-18 months. "Therefore the emphasis must be on conservation, energy efficiency and fuel switching," said the letter, addressed to Senate Minority Leader Tom Daschle.

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