Watching Government - Gas crisis

In 2001, the US government declared an energy crisis. Two years later, policymakers are more specific: Now there is a natural gas crisis.Recent US government storage data may dampen, but not quiet, Washington's renewed attention to natural gas markets. Most elected officials are not energy experts, but they recognize prices still could jump before or during the winter heating season. Gas sumuitAt the behest of Energy Sec. Spencer Abraham, the National Petroleum Council will hold an emergency Natural Gas Summit June 26. Abraham reassured 30 US senators in a June 6 letter that the White House recognizes that the country cannot just drill its way out of the problem over the next 12-18 mo...

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