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To: Louis V. Lambrecht who wrote (76717)6/26/2003 4:33:35 PM
From: Haim R. Branisteanu  Respond to of 209892
 
White House Frets About Natgas Prices
reuters.com
U.S. Energy Secretary Spencer Abraham held a meeting on natural gas with the National Petroleum Council advisory group, bringing together consumer groups, industry, state officials and local government, to help resolve the supply crunch....................

Federal Reserve Chairman Alan Greenspan recently warned Congress that high natural gas prices were not good for the economy. A Dallas Federal Reserve economist said rising prices were hurting utilities, petrochemical plants and other industries and could cut U.S. economic growth by 2.1 percent.


Pls. tell this to those buying stocks with both hands and other market participants.

....... and just fogot there is no inflation NG and electricity is an aberation