Watching Government: Careful wishes

10/01/2001
Recent terrorist attacks in the US closed doors to the petroleum industry but also opened windows.First the bad news: The Sept. 11 events will continue to inflict deep personal costs on oil and gas companies that will linger for years. There are also tangible expenses that must be addressed-some short-term, others indefinite.Security upgrades to the nation's gas pipelines and electric grid could increase costs that will be passed on to ratepayers.Meanwhile, the widely accepted business practice of just-in-time inventories, used to some extent by some companies to be more efficient, may also be revisited. If busi- nesses feel they must stockpile parts or fuel, consumers will pay an add...
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