Groups urge Congress to stem national energy crisis


WASHINGTON, Jan. 21, 2003 -- The Industrial Energy Consumers of America (IECA) and thirty one other organizations have sent the following letter to Congress, some administration officials and state governors urging them to take action to stem the national energy crisis.

"The high cost of natural gas is having a devastating impact on manufacturing competitiveness and jobs. U.S. natural gas production has been stagnant since 1995 even though we have an abundant resource base and prices that is double their historical base:

"The manufacturing sector has lost 2 million jobs since 1998 and energy costs are a major contributing factor. It is vital that Congress act quickly to stem the national energy crisis by enacting legislation that provides a robust, diverse and affordable supply of energy. It is particularly critical that Congress and the states act to increase supply of natural gas; and address regulations, such as New Source Review, in a manner that makes it easier for power generators to meet air quality standards without switching from coal to natural gas. Congress must also expedite commercialization of clean coal technology, the ultimate solution for power generation using coal in an environmentally acceptable manner.

"As of January 16, 2003, the Henry Hub wholesale price of natural gas was over $5.00 per million Btu and is more than twice the average price of $1.97 per million Btu from 1991 to 1998. U.S. natural gas production has fallen for three straight quarters. Prices in Europe, Brazil and China are less than in the United States. Industrial energy consumers, already weakened by a fragile economy, are threatened with further loss of global competitiveness placing good jobs at risk. Leadership is needed by the U.S. Congress and the states to put our country on the road to an affordable and reliable energy supply."

Source: Industrial Energy Consumers of America. The Industrial Energy Consumers of America (IECA) is a nonprofit organization of manufacturers for which the availability, use and cost of energy, power or hydrocarbon feedstock play a significant role in their ability to compete in domestic and world markets.

Sponsored by FLSmidth

Related Articles

Profiling Geothermal Energy in North America

North America holds diverse geologic conditions, economic and political contexts, and geothermal experiences.

Energy Reform Package to Increase Competition And Private Sector Opportunities in the Mexican Power Industry

In April, Mexican President Enrique Pena Nieto proposed a legislative reform package that was approved by the Mexican Congress, overhauling the nation's energy industries.

Follow Power Engineering on Twitter

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Industry Wire News

Perma-Fix Environmental Services Appoints Larry M. Shelton Chairman of the Board

Perma-Fix Environmental Services Appoints Larry M. Shelton Chairman of the Board

Scorpio Bulkers Inc. Announces Agreement to Sell Kamsarmax Newbuilding

Scorpio Bulkers Inc. Announces Agreement to Sell Kamsarmax Newbuilding

Next Generation ZaZZZ Proprietary and Identity-Verifying Vending Machines Ship to 18 Locations This Month

Next Generation ZaZZZ Proprietary and Identity-Verifying Vending Machines Ship to 18 Lo...

Rockdale Resources Enhances Operations, Implements Cost Reductions and Changes Board Composition

Rockdale Resources Enhances Operations, Implements Cost Reductions and Changes Board Co...

Cardinal Energy Group, Inc.: Bradford Lease Drilling Report

Cardinal Energy Group, Inc.: Bradford Lease Drilling Report

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>