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Page added on June 18, 2004

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Price of NG to hit consumers, businesses more than gasoline

Enviroment

At the American Chemistry Council, an industry group that began a campaign in late 2002 to get Congress to care about the rising price of natural gas, officials sound almost wistful about the attention being paid to the pump. …

To help make its case, the council compared the average price of natural gas from 1994 to 1999 with the average price so far this year. As of June 4, it had gone up 194 percent (while gasoline prices rose by less than half that).

“The fact that it’s up close to three times what it was just a few years ago is only now starting to sink in,” said Charles W. Van Vlack, the council’s executive vice president, “but we don’t run a pump for ourselves, we just pay a monthly bill.”

NYTimes article – Free Reg. Req.



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