The industry is willing to buy more palm oil...but palm oil should be more and more sustainable, because energy companies are asking for it and government policy is pushing them toward that direction.

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.

The oil rise benefits energy stocks, shares are fairly valued and we expect decent earnings this year.