The moderate Republican had once been considered a rising star in the GOP and a likely 2012 contender, with David Plouffe, Barack Obama’s campaign mastermind, even identifying Huntsman as the only Republican who made him “a wee bit queasy” about the next race. But speculation ended abruptly in 2009 when Obama tapped Huntsman for the ambassadorship… 
Now, it appears, the ambassador is ready to make some noise of his own…“You know, I’m really focused on what we’re doing in our current position,” he says. “But we won’t do this forever, and I think we may have one final run left in our bones.” Asked whether he is prepared to rule out a run in 2012 (since it would require him to campaign against his current boss), he declines to comment. 
The winking response—about as close to a hat-in-ring announcement as you’ll get from a sitting member of the incumbent’s administration—could just be a hollow cry for attention. But sources close to Huntsman (who requested anonymity to speak freely without his permission) say that during his December trip to the U.S., he met with several former political advisers in Washington and Salt Lake City to discuss a potential campaign. “I’m not saying he’s running,” says one supporter who has worked with him in the past. “But we’re a fire squad; if he says the word, we can get things going fast.”