Pharma Industry
Industry: Email Alert RSS FeedACC urges congress to oppose energy policy.(American Chemistry Council)
Chemical Market Reporter, June, 2003 by Hess, Glenn
AS THE Senate resumed debate on omnibus energy legislation last week, the chemical industry joined other businesses in urging lawmakers to oppose any amendments that would "exacerbate the growing supply-demand gap" in the natural gas market. In a letter to Senate Majority Leader Bill Frist (R-Tenn.), the American Chemistry Council (ACC) and five other trade groups said that as a result of declining production, tight supplies and record price increases, US manufacturers are facing a crisis in natural gas.
"Yet some senators are proposing permanent restrictions on producing clean-burning, environmentally friendly natural gas, while others are refusing to even allow a study of how much natural gas our nation may possess," the ACC noted. An...
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