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Politics : The Donkey's Inn -- Ignore unavailable to you. Want to Upgrade?


To: Mephisto who wrote (8448)3/15/2004 5:03:02 PM
From: Raymond Duray  Read Replies (1) | Respond to of 15516
 
Re: I didn't know the natural gas shortage was potentially so serious.

I don't think I'm being too alarmist. Last summer, Alan Greenspan took the unprecedented step of bringing up the dire gas situation in a Congressional hearing. No central banker had ever done so before.

Of the market observers I know of, only a few loyal Bushistas in the DoE seem to discounting the possibilities of some wrenching market dislocations and wild price speculations in the next couple of winters.