Window narrowing on prospects for comprehensive US energy policy legislation in 2002

American Petroleum Institute Pres. Red CavaneyClick here to enlarge imageThe past year proved to be a dramatic time for US energy executives, who faced unprecedented market and political upheavals.And with 2002 marking the start of a new US congressional election cycle, industry is anxious to gain closure on key issues before lawmakers lose interest.The new administration under President George W. Bush should be given great credit for addressing issues such as market volatility "head on" and demonstrating that the country can't afford to stall any longer, said Red Cavaney, president of the American Petroleum Institute."We've benefited lately by good weather and t...

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