Moves in oil prices are prompting people to sell energy stocks.

People were thinking that, if the oil refineries take a direct hit, energy prices would shoot up and it would have a bigger impact on the economy.

inexorably tied to Persian Gulf oil and old energy.

The president's initiative ties an oil savings target to a basket of energy solutions for homes and businesses, which have nothing to do with our oil problem.

It should come as no surprise that a President who let the oil and gas industry write the country's energy policy would walk away from his promise to reduce America's dependence on foreign oil. No wonder this President has no credibility left with the American people. Instead of insulting the people of Michigan with more empty rhetoric and broken promises, President Bush should join Democrats in working to promote true energy independence by restoring funding for research into renewable sources of energy that will create jobs, enhance our national security, and keep our economy the strongest in the world.

Supplies of heating oil are very low compared to other supplies of energy commodities.