New US energy attention noted in wake of hurricanes

Hurricanes Katrina and Rita brought US energy supply concerns to the forefront of public attention, speakers said Oct. 11 during an Ernst & Young LLP energy conference in Houston.“People are more concerned about energy today than at any time since the 1970s,” said Red Cavaney, president and chief executive officer of the American Petroleum Institute. “When things go wrong, everyone becomes an energy expert and wants things fixed overnight.”Lasting energy supply solutions will take years to achieve, he said.Calling for “realistic policies and realistic solutions” to potential energy supply constraints, Cavaney said industry’s first priority mus...

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