Gas Consumers Fear Climate Bill Means Price Spikes As Producers Preach Faith In Gas Supply

摘要

The head of a gas consumer group expressed concern at a recent FERC gas supply conference that demand and prices will spike if Congress pursues aggressive climate-change legislation. But several producers stressed that any such increase could be mitigated by a surge in domestic supply, as long as the industry is not overtaxed and over-regulated.rnDuring the November 21 gas supply and infrastructure conference, Process Gas Consumers Group Chairman Alex Strawn said his member companies are happy gas prices have moderated, "but this is not a time to relax. It's a respite, a temporary reprieve, a time to analyze what we really need to do and to evaluate and move and act quickly."