Looking into next year, we recommend Gazprom bonds, and not just for reasons of attractive yields, one of the largest energy companies in the world, and the great potential for long-term appreciation. The bottoming of natural gas prices is another good reason as well. You must also consider what the energy policy of the United States will be for at least the next four years and what effect that will have upon the world. The new administration will almost definitely join world global treaties limiting the type of pollution found in inefficient automobiles and standard coal fired plants. This means a greater emphasis on alternative energy to keep CO2 levels down, but from a practical standpoint alternative energy is many years away from being produced on a mass level. So what we are left with is not just more nuclear power, but much more natural gas produced power plants, and this is not taking into consideration natural gas powered automobiles. Natural gas is considered a practically benign fossil fuel because of its low pollution and because it is ready to help meet the energy needs of today, it will only increase its utilization.