Stable energy prices ahead. (Editorial).

You wouldn't think in the wake of 9/11 last year that anything could be "stable" but, indeed, we are probably on the verge of a period of reasonable stability in energy prices. I make that claim because a U.S. military invasion of Iraq is looking increasingly unlikely. Of course any such invasion would have the potential to turn world energy markets upside down, at least for a while.

Indeed, I am intrigued at the level of attention given to Iraq these days by U.S. policymakers when one looks at the chores of pronouncements worldwide opposing U.S. Middle East policy. So,