Manufacturing Industry
Bill aims to rein in natural gas prices.(News)(Senate Energy and Natural Resources Committee)
Plastics News, April, 2005 by Toloken, Steve
Byline: Steve Toloken Stymied by the inability of Congress to pass an energy policy, the head of a Senate energy subcommittee introduced legislation April 6 aimed at taming the soaring price of natural gas, a key feedstock of plastics. The bill is from Sen. Lamar Alexander, R-Tenn., chair of the energy subcommittee of the Senate Energy and Natural Resources Committee.
The proposal is drawing support from plastics industry lobbyists, who said it's the best vehicle to get Congress to address natural gas prices that have nearly tripled since 2000. "This is the most assertive approach taken yet to solving the natural gas problem in this country,'' said Gene Steadman, government relations director with Celanese Corp. of Dallas, and its engineering resins unit,...
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