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To: t4texas who wrote (23553)6/9/2003 2:25:10 PM
From: russwinter  Read Replies (2) | Respond to of 206183
 
I think it's obvious that the Bush administration is just going to use the Democrat inaction on Alaska, Rocky Mt leasing, offshore. etc, as rope to hang them with. Problem is that the American electorate may be kind of clueless as to who to blame, if they end up freezing in the cold next winter. We may get some quick action out of Congress on the supply side issues, however. Greenspan is going to bat on this one, and may convince the Demos to wise up?



To: t4texas who wrote (23553)6/9/2003 2:27:52 PM
From: jonggua  Read Replies (1) | Respond to of 206183
 
PRICE CONTROLS- what could Congress legally do to cap prices? What would that do to futures, profits, etc? Can they just go ahead and do that- "No one will sell ngas for more than $x"? How can they rob shareholders for one, or ngas traders for another?

I have wondered if this might happen. What are they then going to do, send out the national guard to force companies to drill wells since high prices aren't allowed anymore? I'm really wondering if we'll get some loony democratic inspired action this next 12 months.