Natural gas, bring it on! That captures the current outlook of California’s energy planners, who are counting on gas supplies to continue to be plentiful and low-priced in North America.
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Domenici Urges Lawmakers to Lift OCS Drilling Ban, Cites Perilous Winter Supply
In the aftermath of Hurricanes Katrina and Rita, the chief energy policymaker in the Senate last Thursday called on the Bush administration to seriously consider opening the gas-rich Lease 181 areas in the eastern Gulf of Mexico to production, saying the action was warranted in light of a potential natural gas shortage and unprecedented high prices that were expected during the upcoming winter heating season. Top industry executives, reeling from the effects of the twin hurricanes, shared those concerns.
Senate Energy Chairman Sees ‘Painfully High’ Gas Prices, Uncertain Supply This Winter
In the aftermath of Hurricanes Katrina and Rita, the chief energy policymaker in the Senate warned the nation Thursday to expect a potential natural gas shortage and unprecedented high prices during the upcoming winter heating season. Top industry executives, reeling from the effects of the twin hurricanes, shared those concerns.