Washington in crisis mode

Greenspan: Tight supplies could weaken industries; expect $7.50 gas

Gary Park

Petroleum News Calgary Correspondent

With U.S. natural gas supplies at levels so low they may not be able to meet demand during a summer heat wave, and no prospect of a sudden turnaround in domestic production, the alarm bells are sounding in Washington. For those who missed his initial warning in late May, Federal Reserve Chairman Al....

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