White House, Congress jump-start energy policy debate

Looking to address possible price spikes in US natural gas markets, policymakers on Capitol Hill and at the White House retrained the spotlight on energy issues early this month.Senate Republican leaders, for example, sought to dispel persistent rumors that the chamber will not consider energy legislation this summer. Senators also heard testimony from Federal Reserve Chairman Alan Greenspan, who largely reiterated comments made to the House last month (OGJ Online, June 11, 2003). In his testimony July 3 before the Senate Energy and Natural Resources Committee (ENRC), Greenspan said high natural gas prices are liable to hurt the economy. But one way to avoid that problem is to expand LNG ...

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