Labeling the success of China and other countries in clean energy industries as a new “Sputnik Moment” for the United States, U.S. Energy Secretary Steven Chu told an audience at the National Press Club in Washington, DC, Monday that America needs to mobilize its innovation machine “so that we can compete in the global race for the jobs of the future.”
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Futures Build on Monday’s Gains; Last Week’s $6.45 Seen as Potential Bottom
After maintaining and even building on Monday’s gains, natural gas futures traders on Tuesday were becoming more comfortable with labeling last week’s $6.450 a “bottom.” April natural gas on Tuesday put in a high of $7.22 before settling at $7.167, up 16 cents on the day and 52.1 cents for the week.
March 15, 2006