Environmental Capital provides daily news and analysis of the business of the environment. It tracks how growing green concern, particularly over climate change, is roiling established industries and spurring new ones – and how that shift is affecting investors, consumers and the planet.

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Green Ink: Gas and Policy, in Short Supply

Posted on September 30, 2008

Crude futures rebounded on hopes Congress will salvage a bailout package, climbing to $99 in early trading, Bloomberg reports. Oil-market volatilityrecord spikes and collapses in one weekmakes clear that the real casualty this year is faith in the markets, argues Platts The Barrel.Drivers in the U.S. southeast are still looking for gasoline in the wake of Gulf coast hurricanes, and lines and shortages could last until mid-October, the NYT reports. The refinery hiccups there have made California gas cheap by comparison, the L.A. Times notes, but the real problem is that refinery capacity has no...

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