US oil and gas industry has high expectations from Bush administration on energy issues

Like an audience anxious for a play to begin, the US oil and gas industry has high expectations for the Bush administration.From industry's perspective, the casting of the lead roles couldn't be better. President George W. Bush is a one-time West Texas independent. In 1977, Bush founded Arbusto Energy Inc., which was merged into Harken Energy Corp. in 1986. Until being tapped as Bush's running mate, Vice-Pres. Richard Cheney was Halliburton Co. CEO and chairman. One of Bush's key advisors will be Don Evans, the Secretary of Commerce nominee, who was the long-time chairman and CEO of Tom Brown Inc., Midland, Tex.Bush and Cheney face a number of challenging energy issues on ...

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