US edges closer to new energy policy The recent power crisis in Calfornia has raised American awareness of the situation and the Bush administration seems to be more committed to the problem American oil and gas Higher energy demands boost drilling market As the requirements for natural gas continue to grow, activity in the drilling market in the US this year has reached a record level: 1,164 rigs are in use, representing a 51 per cent rise on 2000 Nuclear power Developed countries are faced with a big dilemma The need to reduce greenhouse gas emissions may bring a reprieve for the controversial fuel in spite of the waste problems it still presents Competitive energy trading Would-be deregulators California offers hard lessons in how best to introduce competitive energy trading Norway A smaller role The need for outside capital and pressure from the European Union have led to changes in the oil and gas sectors