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To: Lizzie Tudor who wrote (182620)	11/10/2005 5:25:36 AM
From: John Carragher	Respond to of 186894

lizze let's not forget power industry converted all their heavy oil and coal systems to natural gas. This was a known commodity in states in short supply a decade ago. However, in order to meet new environmental standards they switched to tubines that could switch back and forth between natural gas and cleaner burning heating oil (vs coal and heavy oil). Both these commodities were literally sucked out from home heating and started to raise prices. The administration, epa, congress should have insisted on upgrades to clean up smoke stacks etc to burn coal and heavy oils vs taking the cheaper way out. Then general electric started to supply turbines that would only burn natural gas,, so longer even the opportunity to switch to heating oil. so we have industry taking away from the consumer a commodity they badly need , resulting in huge price increases that could have been averted somewhat if only congress at the time we strong enough to take action on energy. Now we blame the oil industry for excess profits when they were doing everything they could to find oil and keep up with demand. remember the bids off south carolina fields.. Mobil spent millions , maybe billions for rights to to drill but environmentals stopped the possibility to drill off the coast and it took more than a decade in courts for Mobil to get their deposit back. they had to go to court and fight all the way to get their deposits back.. hmmm poor oil companies.