Manufacturing Industry
Congress noting impact of gas prices on manufacturing.(washington watch)
Underground Construction, May, 2004 by Barlas, Stephen
The start of the 2004 presidential campaign may do for natural gas supply issues what four years of industry pleading to Congress never could. The dire straits faced by U.S. manufacturing, the contribution of high natural gas prices to those conditions, and the elevated status of manufacturing in the 2004 presidential campaign are all combining to focus Congress' attention more acutely on gas supply snags.
That was the impression left by hearings in the Senate Environment and Public Works Committee on March 25. Sen. George Voinovich (R-OH) was just a few exasperated sentences short of starting to pull out his hair.
"Since 2000, natural gas has been hovering in the U.S. between $5 and $6 per thousand cubic feet," he said. "This is roughly twice its...
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