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'Quiet' efforts credited for stability in oil rates
Washington Times ^ | Friday, May 8, 2003 | By Timothy Burn

Posted on 05/08/2003 11:32:16 PM PDT by JohnHuang2

Edited on 07/12/2004 4:03:09 PM PDT by Jim Robinson. [history]

Energy Secretary Spencer Abraham said yesterday that the Bush administration's "quiet diplomacy" kept global oil prices from skyrocketing during the war with Iraq.

"We have emerged from that period in really much more stable and strong condition than other energy crises in the last 30 years," Mr. Abraham said in an interview with editors and reporters at The Washington Times.


(Excerpt) Read more at washtimes.com ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: anwr2003; diplomacy; energy; energydept; iraqifreedom; oil; oilmarkets; spencerabraham
Friday, May 8, 2003

Quote of the Day by goldstategop

1 posted on 05/08/2003 11:32:16 PM PDT by JohnHuang2
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To: JohnHuang2
•"Future Gen," a 10-year plan to build the world's first totally clean coal gasification power station, which would produce electricity as well as hydrogen, and reduce the release of carbon dioxide, believed to be a source of global warming.

The DOE operated the Great Plains Synfuels plant at Beulah, North Dakota (Coal Gassification). I believe is is a private entity now, but CO2 is one of the by-products of the plant. It is being pipelined north to Canada to use in Secondary recovery in oil wells, among other things.

As for global warming, if they are going to get a hydrogen fueled vehicle to work here, they'd better let it warm up a while, 'cause the exhaust (water) will freeze up in winter. None of the current alternately fueled vehicles will work here because of subzero winter cold and long distances to travel. Even propane fueled vehicles have to be started on gasoline if the engine is not preheated by other means.

2 posted on 05/08/2003 11:47:11 PM PDT by Smokin' Joe
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To: JohnHuang2
When it comes to work on oil, nobody can beat this administration. That is not meant to say that the oil is their only overriding concern. But they do have a lot of expertise in this area.
3 posted on 05/09/2003 12:10:35 AM PDT by TigerLikesRooster
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