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IECA Issues: Natural Gas
July 17, 2008
IECA Opposes H.R. 6515 the Drill Responsibly in Leased Lands Act
(click here to download file)
July 17, 2008
IECA Supports Senate Majority Leader Reid's Bill S. 3286, Stop Excessive Energy Speculation Act
(click here to download file)
July 16, 2008
IECA Raises Questions Regarding Potential Relationship of Banks Borrowing from Federal Reserve and Corresponding Raise in Energy Commodity Prices
(click here to download file)
July 10, 2008
IECA Testimony to the U.S. House Committee on Agriculture on Excessive Energy Speculation
(click here to download file)
July 3, 2008
IECA is Requested to Testify Before the Committee on Agriculture to Address Excessive Energy Speculation
(click here to download file)
July 3. 2008
IECA and other Trade Associations Urge President Bush to Address Excessive Speculation of Energy Markets at Japan G8 Meeting
(click here to download file) June 19, 2008
IECA President, Paul N. Cicio Testifies Before the House Subcommittee on Energy and Air Quality on Climate Legislation
“The legislation will result in significant increases in the demand for natural gas by the power sector.”
(Testimony attached)
June 18, 2008
IECA and 79 Other Organizations Urge Congress to Increase Domestic Supply of Energy
(click here to download file)
June 16, 2008
IECA Urges House Appropriations Committee to Lift 27 Year Ban on Outer Continental Shelf Production of Natural Gas
(click here to download file)
June 9, 2008
IECA Advocates Opening the Outer Continental Shelf to Drilling
(click here to download file)
June 5, 2008
IECA Encourages House Subcommittee on Interior to Remove 28 year old Ban on Drilling in the Outer Continental Shelf
"The entire country is counting on you to show leadership in dealing with the high energy prices that are crippling our country and our future."
(click here to download file)
June 4, 2008
Paul Cicio - Forbes Magazine Op-ed – Senate Climate Bill Results in Massive Coal to Natural Gas Fuel Switching
“Switching from coal to natural gas will drive up both the demand and the price of natural gas to unprecedented levels.”
(click here to download file)
June 4, 2008
Senate Climate Bill Under-Estimates Natural Gas Costs by $1.3 Trillion
“The math is simple and indisputable. The Energy Information Administration’s natural gas price assumptions used to determine the cost of S.2191 are about one-half of today’s real-world forward prices.”
(click here to download file)
May 29 , 2008
Senate Climate Bill Could Reduce Natural Gas Production as Much as 32 Percent
(click here to download file)
May 29, 2008
Senate Climate Bill S.3036 Treats Manufacturing Import Sensitive Industries and Workers Less Favorable than Foreign Producers in Identical Situations
(click here to download letter) (click here to download press release)
March 3, 2008
IECA Responds to Chairman Dingell and Chairman Boucher – IBEW/AEP Proposal – Even if it Achieved WTO Approval with Changes – Would be Victory on Paper Only
“There is consensus by the manufacturing sector that the IBEW/AEP Proposal will not work.” (Click here to download letter) (Click here to download press release)
February 19, 2008
IECA Urges Farm Bill Conferees to Include Senate CFTC Natural Gas Market Oversight Provisions (Click here to download file)
January 25, 2008
IECA and the American Forest and Paper Association Requests FERC Clarification on Transparency Provisions of Section 23 of the Natural Gas Act
(Click here to download file)
December 18, 2007
Energy Bill RFS Mandate - Increases Demand for Natural Gas Without Increasing Supply - Results in Higher Natural Gas Prices (Click here to download file)
December 11, 2007
IECA Opposes Drilling Moratorium on the Naval Oil Shale Reserve-Roan Plateau
"The Roan Plateau is a federal reserve and the 9.0 trillion cubic feet of natural gas that is there belongs to every American." (Click here to download Senate letter)
(Click here to download House letter)
December 11, 2007
IECA Supports Bipartisan House Agriculture CFTC Reauthorization Bill
"We urge the committee to act quickly on this legislation to close the oversight gap and protect consumers." (Click here to download file)
December 6, 2007
IECA Testifies in House of Representatives Hearing to Examine the Central
Role of Oil and Natural Gas to the American Consumer (Click here to download file)
November 15, 2007
IECA Letter to Minority Leader McConnell Offers Enhancements for Industrial Gasification Technology Develop and Use (Click here to download file)
October 31, 2007
IECA Letter Encourages Congress to Increase - Not Decrease Production of Natural Gas
"Relatively small changes in production rates can have significant impacts on the price of natural gas." (Click here to download file)
October 30, 2007
IECA Responds to EPW Hearing Questions from Senators Inhofe and Barrasso
(Click here to download file)
October 24, 2007
IECA Testifies Before the Senate Private Sector and Consumer Solutions to Global Warming and Wildlife Protection Subcommittee to "Examine America's Climate Security Act of 2007"(Click here to download the verbal testimony) (Click here to download the written testimony)
October 19, 2007
IECA Invited to Testify Before the Senate Private Sector and Consumer Solutions to Global Warming and Wildlife Protection Subcommittee on the America's Climate Security Act of 2007 (Click here to download file)
October 18, 2007
IECA Encourages Democratic Leadership to Increase - Not Decrease Natural Gas Production in Energy Bill
"Natural gas prices on NYMEX for next year are 11 percent above current prices which mean consumers will pay about $18 billion more in 2008."
(Click here to download file)
October 3, 2007
IECA Supports Natural Gas Council Study Findings - EIA Modeling of McCain-Lieberman Bill Underestimates Demand for Natural Gas and Costs (Click here to download file)
September 27, 2007
IECA Supports Acting Chairman Walter Lukken as Chairman of the Commodity Futures Trading Commission (Click here to download file)
September 4, 2007
IECA Supports Energy Market Oversight Coalition's Call for Greater Accountability in Energy Commodity Markets (Click here to download file)
August 15, 2007
IECA Letter to Congress - Penn State Study Proves Beyond Doubt EIA Climate Legislation Modeling Produces Systematically Flawed Data that Underestimates Costs
"Given the economic implications of climate legislation to the U.S. economy, it would be a serious mistake for Congress to rely on EIA cost estimates."
(Click here to download file)
August 5, 2007
IECA Presentation "Natural Gas/Electricity and the Industrial Sector" to the National Conference of State Legislatures (Click here to download file)
August 1, 2007
IECA Opposes House Energy Bills H.R. 3221 and H.R. 2776
"Consumers are alarmed and worried about the impact of this bill and the misdirection of our energy policy." (Click here to download file)
August 1, 2007
IECA Encourages House Appropriations Committee to Increase CFTC Funding for
Greater Market Oversight (Click here to download file)
July 26, 2007
IECA Opposes H.R. 2419, an Amendment to the Farm Bill Offered by Rep McGovern and Dole
"H.R. 2419 will decrease needed supply of natural gas at a time when U.S. supply is falling." (Click here to download file)
July 23, 2007
IECA Comments on CFTC Proposed Rules - Maintenance of Books and Records
(Click here to download file)
July 12, 2007
IECA Testifies Before the House Agriculture Subcommittee on General Farm Commodities and Risk Management on "Trading of Energy Based Derivatives"
"Amaranth completely dispels the Wall Street myth that the market is too large for any one company to manipulate." (Click here to download file)
July 11, 2007
IECA Comments to FERC on "Transparency Provisions of Section 23 of the
Natural Gas Act" NOPR (Click here to download file)
July 2, 2007
IECA Invited to Testify Before House Agriculture Subcommittee on the Trading of Energy-Based Derivatives (Click here to download file)
June 27, 2007
Senate Permanent Subcommittee on Investigations Report, "The Role of Market Speculation in Rising Oil and Gas Prices: A Need to Put the Cop Back on the Beat" (Click here to download file)
June 25, 2007
Senate Permanent Subcommittee on Investigations Report, "Excessive Speculation in the Natural Gas Market" (Click here to download file)
June 25, 2007
Senate Report on Amaranth Hedge Fund Dispels Wall Street Myth that the Market is Too Large for One Company to Manipulate
"At the heart of the matter is that every consumer in the country assumes that the government is protecting their interests and that markets are working and operating on a level playing field. Nothing could be further from the truth."
(Click here to download file)
June 25, 2007
IECA Testimony Before the Senate Permanent Subcommittee on Investigations – “The Effect of Excessive Speculation” (Click here to download file)
June 14, 2007
Consumers Strongly Support Senator Warner Amendment to Allow Exploration of Virginia OCS
“Natural gas demand is outstripping supply.” (Click here to download file)
June 14, 2007
IECA Opposes Senator Menendez Amendment to Prohibit Natural Gas and Oil Exploration in the Atlantic OCS
“In behalf of consumers who rely upon natural gas to keep our factories running, we strongly oppose Senator Menendez’s amendment.” (Click here to download file)
June 14, 2007
Senate Permanent Subcommittee on Investigations Invites IECA to Testify on Excessive Speculation in the Natural Gas Market (Click here to download file)
June 13, 2007
Committee Approval of Rahall Bill H.R. 2337 Disappoints and Worries Consumers About the Future Supply of Natural Gas
“We need to increase supply of natural gas – not decrease it.” (Click here to download file)
June 11, 2007
Rep. Rahall Legislation H.R. 2337 - Twenty Three Congressmen Vote Down Amendment to Provide Natural Gas Consumers with Protections – Shows Lack of Accountability
“Some members are ignoring their responsibilities to ensure that this legislation does not reduce domestic production of natural gas or increase its costs.” (Click here to download file)
June 7, 2007
IECA Presentation to the National Coal Council – “U.S. Manufacturing’s Future is Strongly Linked With That of the Coal Industry”
“The problem is that electric power generators are consuming large amounts of natural gas – driving up the price of natural gas and electricity for every household, farmer and manufacturer. Power plants should be using more coal.” (Click here to download file)
June 6, 2007
IECA Says Implications of Reduced Natural Gas Production as a Result of Rahall Bill H.R. 2337 is Significant (Click here to download file)
June 1, 2007
IECA Opposes Title I and II of Congressman Rahall Bill, H.R. 2337
“At a time when domestic natural gas production is down 4% since 2000 and prices of natural gas and electricity are rising rapidly, consumers need Congressional action that increases natural gas production – not decreases it.” (Click here to download file)
May 22, 2007
Natural Gas Prices Have Increased 41% More Than Gasoline And Is Forecasted To Rise Another 35% By January
“Natural gas prices have increased an incredible 156% since May 2000 while gasoline prices rose 115%.”(Click here to download file)
May 18, 2007
FERC Forecasts Double Digit Electricity Price Increases This Summer Over Last Due to High Natural Gas Prices
“This report provides a clear signal to Congress to take urgent action to increase supply of natural gas and help electric generators use more coal, nuclear and renewable energy.” (Click here to download file)
May 14, 2007
Because Natural Gas is Our Least Carbon-Intensive Fossil Fuel, All Mandatory Actions to Reduce GHGs Will Place an Even Greater Demand on America’s Fragile Natural Gas Supply Capability
“Natural gas supply has fallen 6.0 percent since 2001 and consumers paid a staggering $75.7 billion more for natural gas in 2006 vs. 2000.” (Click here to download file)
May 8, 2007
IECA Letter to Chairman Costa, House Subcommittee on Energy and Mineral Resources
“Actions taken by consumers to improve energy efficiency and conservation that could have resulted in lower natural gas prices were wiped out by higher demand for power.”
(Click here to download file)
April 30, 2007
IECA Supports MMS 5 Year Outer Continental Shelf Plan – But More is Needed
“While a good step, much more is needed to improve our domestic supply of natural gas.” (Click here to download file)
April 17, 2007
IECA Testifies before the House Natural Resources Subcommittee on Natural Gas Issues
“We believe the US remains in the throngs of a serious natural gas crisis that have energy, economic and energy security implications for every American.” (Click here to download file)
March 20, 2007
Congressman Hastert, Ranking Member, House Energy & Commerce Committee, Letter to IECA Requesting Input on Impacts of Potential GHG Mandates on Industry (Click here to download file)
March 19, 2007
IECA Responds to Congressman Dingell, Chairman, House Energy & Commerce Committee, February 17, 2007 Letter Addressing Climate Policy
“Increasing our supply of low carbon intensive energy is the only effective policy approach that guarantees greenhouse gas reductions with no economic downside.” (Click here to download file)
March 12, 2007
Secretary of Energy Bodman Appoints Paul N. Cicio to Serve on the National Coal Council to Represent the Views of Industrial Energy Consumer Organizations
The purpose of the National Coal Council is to inform and make recommendations with respect to matters of coal to the Secretary. (Click here to download file)
February 19, 2007
IECA Letter to National Journal Editor – Says “Not If, But When” Article Mischaracterize IECA Views on Climate Policy (Click here to download file)
February 13, 2007
Nucor Corporation Testifies Before the House Committee on Energy & Commerce; Subcommittee on Energy and Air Quality on “Addressing Climate Change – Views from Private Sector Panels”.
“An effective climate change program must encourage innovation and investment while discouraging emissions migration, and with it the loss of good paying jobs.” (Click here to download file)
February 12, 2007
IECA Letter to Senator Dorgan, Chairman of Senate Energy & Water Appropriations Committee - Support Action to Fund Coal Research Project Loan Guarantees
“We encourage the Congress to act quickly to fund EPAct 2005 coal R&D project loan guarantees, without delay.” (Click here to download file)
February 7, 2007
IECA Thanks Senator Bingaman, Chairman, Senate Energy and Natural Resources Committee for his Letter to CFTC and FERC that Makes Inquiry Regarding Potential Natural Gas Market Manipulation (Click here to download file)
February 1, 2007
Vianney Schyns, DSM, The Netherlands presentation on “Effectiveness of allocation options and market clarity in the EU ETS
(Click here to download file)
January 29, 2007
Eight Things Congress Should Consider Before Capping Greenhouse Gas Emissions
“The most concerning conclusion is the reality that no matter what future year such a cap begins, consumers of natural gas will be impacted immediately by higher natural gas costs because the electric power industry will begin fuel switching from coal to natural gas.” (Click here to download file) (Click here to download file)
January 22, 2007
EIA Economic Analysis of Senator Bingaman’s Cap & Trade Legislation Greatly Understates Costs and Risks
“IECA does not believe these forecasts are plausible and credible which means the cost forecast for the Bingaman bill is significantly understated and at minimum has a significant risk factor that is not described by the EIA.” (Click here to download file)
January 17, 2007
IECA Raises Concerns to House Speaker Pelosi Regarding H.R. 6 “Clean Energy Act of 2007” Provisions that Remove Important Tax Incentives that Encourage Exploration for Natural Gas.
“For every $1.00 per mm Btu natural gas price increase, US consumers will pay $22 billion more each year or $220 billion over 10 years.” (Click here to download file)
December 20, 2006
IECA Thanks President Bush for Signing the Gulf of Mexico Energy Security Act into Law
“This legislation is a critically important first step to increase domestic supply of natural gas and oil that is essential to reducing energy prices, keeping manufacturing jobs in the United States and increasing energy security.” (Click here to download file)
December 8, 2006
IECA Encourages House of Representatives to Oppose any Motion to Recommit HR 6408…Will Kill the Gulf of Mexico Energy Security Act (Click here to download file)
December 7, 2006
IECA Raises Serious Concerns to Speaker Elect Nancy Pelosi on Actions to Reduce or Remove Tax Provisions from the Oil and Gas Industry
“In our view, the current tax code is providing the certainty and stability needed for natural gas supply investments that are in the public interest.” (Click here to download file)
December 4, 2006
75% of Public Comments to MMS 5 Year Plan Favor Expanding Access to Offshore Production of Oil and Natural Gas
“The public comments also reflect a new engagement by the public. The MMS received over 70,000 comments, a new record.” (Click here to download file)
December 4, 2006
IECA Encourages the House of Representatives to Vote for S. 3711, the Gulf of Mexico Energy Security Act
“Time is our real enemy. Every day we delay increasing access to the tremendous natural gas resources in the OCS assures that prices will remain high.” (Click here to download file)
November 16, 2006
IECA Says “MMS Five Year Plan Fails to Recognize the Seriousness of Our Country’s Energy Security Crisis.”
“The natural gas crisis is serious and it is not getting better…it is getting worse.” (Click here to download file)
November 15, 2006
IECA Submits Comments to MMS on Proposed Five Year Plan for 2007 – 2012 and Draft EIS
“The Five Year Plan fails to recognize the seriousness of our country’s energy security crisis.” (Click here to download file)
November 13, 2006
IECA Asks Congressional Leadership to Expedite Final Approval for S. 3711, the Gulf of Mexico Energy Security Act
“Passage of this bill is an important step in dealing with our country’s fragile energy security” (Click here to download file)
October 31, 2006
IECA Welcomes Delphi Corporation as Newest Member
October 19, 2006
IECA Asks CFTC and FERC to Investigate Amaranth Advisors Hedge Fund for Natural Gas Manipulation
“The WSJ reports that Amaranth controlled 1 trillion cubic feet of natural gas, an equivalent of 54 percent of our country’s monthly demand. This looks like an attempt to manipulate the market to consumers.” (Click here to download file)
October 13, 2006
IECA Testifies at FERC on Need for Natural Gas Transparency
“Key points: Natural gas price indices are not working. Support CFTC oversight of OTC market. IECA requests FERC subpoena Amaranth records and investigate for price manipulation.” (Click here to download file)
September 28, 2006
California AB 32 - Another Mandate that Accelerates Demand for Natural Gas Without Increased Supply
“Greater demand for natural gas by the state of California, without increasing supply, will increase the natural gas price for everyone in the country.” (Click here to download file)
September 25, 2006
IECA Encourages Senator Chambliss to add Feinstein Legislation S. 2642, the Oil and Gas Traders Oversight Act of 2006 to CFTC Reauthorization Bill
“This legislation closes a substantial part of the oversight gap in the over-the-counter energy electronic trading market.” (Click here to download file)
September 18, 2006
IECA letter to Congress outlines “Eight Things Congress Should Consider When Taking Up OCS Natural Gas Legislation – And Begin the End to the Natural Gas Crisis”
“There is no excuse that Congress could come up with, that can rationalize why it can’t pass legislation to increase domestic natural gas supply.” (Click here to download file)
September 6, 2006
IECA Supports Senator Feinstein Legislation S. 2642, the Oil and Gas Traders Oversight Act of 2006
“The energy market oversight gap that exists today makes every consumer in the country vulnerable to market power and manipulation.” (Click here to download file)
August 28, 2006
IECA letter to Secretary of the Interior Dirk Kempthorne
“The high price of natural gas and gas fired electricity is dismantling critical manufacturing sectors and there is no time to lose in increasing the production of natural gas to get the price down. It is this area that we look to you and the Congress for help.” (Click here to download file)
August 3, 2006
IECA Meets with new Secretary of the US Department of the Interior, Dirk Kempthorne
“…the Draft 5 Year 2007 - 2012 OCS Plan should be expanded to include areas currently off-limits to exploration.”
August 1, 2006
IECA Files Comments to the Commodity Futures Trading Commission
“IECA supports action that would extend CFTC’s oversight beyond NYMEX to include Intercontinental Exchange (ICE)” (Click here to download file)
August 1, 2006
IECA Congratulates Senate for Taking Historic Bipartisan Step to Address Country’s Need to Increase Domestic Supply of Natural Gas
“…a vote for this bill was a vote for taking control of our energy security.” (Click here to download file)
July 25, 2006
IECA Letter to Senate in Support of S. 3711 the Gulf of Mexico Energy Security Act
“For the first time in recent Senate history, there is an opportunity for bipartisan action to begin to directly resolve the natural gas crisis.” (Click here to download file)
June 30, 2006
IECA Congratulates the House of Representatives for Voting-Out HR 4761, the Deep Ocean Energy Resources Act
“Congress has taken a major step forward in addressing our nation’s serious energy security issue.” (Click here to download file)
June 27, 2007
IECA Testifies at Commodity Futures Trading Commission Hearing
“Allowing foreign exchanges to oversee US natural gas price discovery is fundamentally flawed.” (Click here to download file)
June 26, 2006
IECA Urges House of Representatives Support for Passage of H.R. 4761, the Deep Ocean Energy Resources Act of 2006
“This vote is an important step forward to increasing our nation’s energy security.” (Click here to download file)
June 22, 2006
IECA Congratulates House Resources Committee for Bipartisan Work to Vote-Out an OCS Bill 29-9 in Favor of States Rights and End the 24 Year Blanket Moratorium
“We congratulate and thank each member of the House Resources Committee in addressing our nation’s serious energy security issue.” (Click here to download file)
June 8, 2006
IECA Requests to Testify at Commodity Futures Trading Commission Hearing
“All market inefficiencies are paid for by us, the consumer. As a result, consumers have a vested interest in the outcome of this hearing.” (Click here to download file)
May 18, 2006
IECA Says 217 – 203 House Appropriations Vote is a Wake-Up Call to Congress
“Our nation’s energy security needs require that Congress put an environmentally responsible framework in place that provides access to the Outer Continental Shelf” (Click here to download file)
May 10, 2006
IECA Applauds House Appropriations Committee Action to Remove Ban on Federal Funds for Leasing Natural Gas in the Outer Continental Shelf
“A vote against this amendment is a vote for high sustained energy prices. A vote for this amendment is a vote for taking control of our energy security.” (Click here to download file)
May 3, 2006
IECA Letter to Rep Taylor, Chairman of the Subcommittee on Interior
“IECA strongly supports $115.3M for the BLM and $100M for the Forest Service in order to expedite the processing of drilling permits that will increase the supply of needed natural gas.” (Click here to download file)
April 11, 2006
IECA Comments to the Minerals Management Service Proposed 5 Year Outer Continental Shelf Oil and Gas Leasing Program 2007-2012
“If recent events have taught us anything, it is that our nation must develop energy supplies right here in America. IECA supports inclusion of all areas currently off-limits.” (Click here to download file)
April 5, 2006
Senate CFTC Reauthorization Legislation Fails to Close the Natural Gas Market Oversight Gap and Protect Consumers
CFTC’s jurisdictional natural gas market oversight applies only to the NYMEX leaving about two-thirds of the trading volume with no jurisdictional oversight leaving consumers and the market vulnerable to manipulation. (Click here to download file)
March 10, 2006
Secretary Norton Resigns- IECA Has Highest Praise
“We have nothing but the highest praise for her tremendous and successful efforts in managing the U.S. Department of Interior” (Click here to download file)
March 8, 2006
Renew Orr, Chief, Leasing Officer for Minerals Management Service Reviews the Proposed OCS 5 Year Plan to IECA Membership (Click here to download file)
February 17, 2006
IECA Organizes Congressional Natural Gas Fly-In. Sixty Companies Visit 55 Senate Offices to Urge Passage of Legislation to Increase Domestic Supply of Natural Gas
February 16, 2006
IECA Congratulates Senator Pryor and Warner for States Rights Approach to Increasing Domestic Supply of Natural Gas
“…the legislation provides a sound framework to address the significant untapped supplies of natural gas that is in our offshore deepwater areas and currently off-limits to production.”
February 8, 2006
Draft Proposed MMS 5 Year OCS Plan Crosses a Milestone by Including Virginia, But Falls Short of Planning for Our National Energy Security Future”
“The 5 Year OCS Plan must leave our options open by including all areas that are currently off-limits to production. This is a matter of national economic and energy security.” (Click here to download file)
February 8, 2006
IECA Applauds Bi-Partisan Domenici-Bingaman Lease 181 Legislation- Recognizes Short–Term Urgency to Address the Natural Gas Crisis”
“This legislation is an important first step to improving reliability of supply, reducing the price of natural gas and increasing our nation’s energy security.” (Click here to download file)
February 1, 2006
Energy Consumers Support Bush Plan for Technology Solutions - But Short-Term Urgency and Solutions are Missing
“We are disappointed that there was no acknowledgement that we have a natural gas crisis that needs urgent action right now.” (Click here to download file)
January 25, 2006
IECA Announces a Natural Gas Consumer Congressional Fly-In on
February 15 & 16, 2006
All consumers are welcome to participate in Congressional Hill visits. To register, go to www.ieca-us.org and click on “Sign up for future press releases and meeting announcements” located on the left side of the page. For more information contact IECA at 202-223-1661.
January 11, 2006
IECA Meets with the US General Accounting Office to Provide Input Into GAO Study on Natural Gas
December 22, 2005
Congress Leaves Town Without Addressing the Five Year Natural Gas Crisis
“Congress’s departure for the Christmas holidays without acting to increase domestic supply of natural gas, despite record high prices is irresponsible.” (Click here to download file)
December 21, 2005
IECA Congratulates Ms. Johnnie Burton in her new appointment as Acting Assistant Secretary of the Interior, Land and Minerals Management
“We know of no one better qualified to fill the position as Assistant Secretary of the Interior” (Click here to download file)
December 16, 2005
IECA letter to Senator Conrad Burns, Chairman, Senate Appropriations Subcommittee on Interior and Related Agencies- “BLM Needs to be Accountable for Significant Backlog of Drilling Permits” (Click here to download file)
December 5, 2005
IECA letter to Representative Goodlatte, Chairman, Committee on Agriculture on pending CFTC natural gas legislation
“We strongly encourage adding provisions to the Commodity Futures Trading Commission Reauthorization Act that significantly increase penalties, transparency and market surveillance.” (Click here to download file)
November 21, 2005
Secretary of the Interior, Gale A. Norton appoints IECA President, Paul N. Cicio to a 2-year term on the Outer Continental Shelf Policy Committee representing energy consumer interests (Click here to download file)
November 3, 2005
IECA letter to Samuel Bodman, Secretary of Energy
“Establishing a Strategic Natural Gas Reserve at this time would not be helpful and could very well send the market a wrong message.” (Click here to download file)
November 1, 2005
IECA letter to Representative Jim Nussle, Chair, House Budget Committee
“IECA supports inclusion of the Oceans State Options Act of 2005 in the Deficit Reduction Act of 2005…a reasoned approach to break the impasse to gaining access to the vast amounts of natural gas in offshore areas and promises to generate significant leasing revenues for the United States Treasury.” (Click here to download file)
October 26, 2005
IECA Letter to Senate- “Market Reaction to Energy Supplies Has Far Outstripped the Actions Contemplated in Any Climate Change Legislation // A Report from EU Manufacturers Illustrate the Failures of the EU Emissions Trading Scheme- “Electricity Prices Have Risen Excessively” (Click here to download file) (Click here to download file)
October 25, 2005
IECA’s Cicio Testifies Before the Senate Appropriations Subcommittee on Interior and Related Agencies
“Eliminating the backlog of Applications for Permits to Drill (APDs) is our best near-term supply option over the next 1-2 years.” (Click here to download file)
October 25, 2005
IECA Strongly Supports House Resources Committee Chairman Pombo’s “Ocean State Options Act”
“IECA applauds your introduction of the Ocean State Options Act that is a reasoned approach to break the impasse to gaining access to the vast amounts of natural gas in offshore areas.” (Click here to download file)
October 25, 2005
“IECA Survey Indicates Accelerated Natural Gas Industrial Demand Destruction”
The survey indicates that 54.8% of those surveyed would decrease their natural gas demand this winter anywhere from 5 to 40%. (Click here to download file)
October 20, 2005
IECA Meets with Alan Hubbard, White House, Chairman of the National Economic Council on the Natural Gas Crisis- Urges Action to Make Lease 181 Available for Natural Gas Production
October 11, 2005
IECA Submits Comments on the Minerals Management Service (MMS) Request for Comments on the Preparation of a New Five Year Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2007-2012
“We ask that the Minerals Management Service (MMS) include all areas currently under administrative withdrawal or leasing moratoria in the new 5 Year Plan.” (Click here to download file)
September 9, 2005
IECA and 113 Other Consumer Organizations Send Letter to Congress-“It is in the national interest for Congress to immediately remove production barriers in order to provide new sources of energy”. (Click here to download file)
September 8, 2005
IECA Announces the September 14, 2005 Workshop at Department of Energy is Cancelled and Will Be Rescheduled – Due to Katrina
August 18, 2005
IECA Announces September 14, 2005 Workshop, “Without Globally Competitive Energy- Do Industrial Energy Consumers Have a Future in the US?”
Featured speakers include: Secretary Bodman (invited), Secretary Norton, MMS Director Burton and top Congressional staff. Key issues addressed:
- Implications of Energy Policy Act of 2005
- Where will the natural gas come from?
- Is the natural gas market functioning properly?
- Coal supply challenges
- What is the future of coal as a power source?
- The direction of US climate change policy versus the EU Emissions Trading Scheme
- High sustained energy prices do not necessarily mean greater energy efficiency.
(Click here to download file)
August 5, 2005
Paul N. Cicio Presents “The Natural Gas Crisis- Impacts and Solutions” to the American Legislative Exchange Council, Dallas, Texas
“The OCS moratoria set in motion 24 years ago in a period of abundant natural gas supply needs challenged. High natural gas prices are dismantling the U.S. manufacturing sector.” (Click here to download file)
July 20, 2005
IECA Letter to Energy Bill Conferees- “We Cannot Blame OPEC or Anyone Else for High Natural Gas Prices When we Choose Not to Address Offshore Areas in Moratoria.”
“Inaction means we are choosing not to develop the significant natural gas and oil resources that are available to the country. We are choosing to have the highest price of natural gas in the world and choosing to send good manufacturing jobs overseas.” (Click here to download file)
June 13, 2005
Polling in Coastal States- California, Florida, North Carolina, South Carolina, Georgia and Virginia Say “Voters Support Offshore Production”.
The poll, paid for by IECA, interviewed 3200 people. Only 9 percent said they would not support offshore production at any distance from shore. (Click here to download file)
May 25, 2005
IECA Letter to Senate Energy Committee Expresses Deep Concern: “Existing Provisions Will Not Increase Natural Gas Supply Nor Provide a Solution to the Natural Gas Crisis.”
“Despite record well completions, US production fell by 4.9 percent from year 2001 to 2004.” (Click here to download file)
May 19, 2005
Paul N. Cicio, in Behalf of IECA, Testifies to Congress on “The Impacts of High Energy Costs to the American Consumer”
“We especially request that Congress increase supplies of natural gas by removing areas from moratoria to allow for greater access to an abundant supply of domestic natural gas.” (Click here to download oral testimony) (Click here to download written testimony)
May 11, 2005
Consumers Tell Senate More Natural Gas Is Needed
In a letter organized by IECA, 58 diverse organizations from all sectors of the economy and from across the country urged the Senate to increase domestic supply of natural gas. (Click here to download file)
April 5, 2005
“Commodities Exchange Improvement Act of 2005” HR 1638, as introduced by Representatives Graves and Barrow-Supported by IECA
The bill reinstates government oversight of futures contracts, swaps and hybrid instruments involving natural gas, among other things. (Click here to download file)
April 13, 2005
Peabody Energy presentation “Cure for Gas Pain; Existing & New Coal Generation”
Jacob Williams, VP of Generation Development for Peabody Energy makes a key point: Expanded and upgraded transmission lines could reduce natural gas demand and save consumers between $10 to $20 billion per year. (Click here to download file)
April 6, 2005
IECA Congratulates Senator Lamar Alexander (R-TN) for Introduction of “The Natural Gas Price Reduction Act of 2005”
“Your bill is of historic significance. It is the first legislation in decades that seeks to address the political complex issue of access to natural gas in the lower 48.” (Click here to download file)
April 4, 2005
IECA Congratulates Rep. Lee Terry (R-NE) for his Leadership and Support in Increasing Supply of LNG
IECA supports Rep Lee Terry’s “Liquefied Natural Gas Act of 2005” legislation. Key elements of the bill have been incorporated it into the House Energy and Commerce Energy Bill. (Click here to download file)
March 28, 2005
IECA letter to Gale Norton, Secretary of the Interior Regarding OCS 5-Year Oil & Gas Leasing Plan (2007-2012)
“We strongly encourage the inclusion of all areas under various forms of moratoria or Administrative Discretionary Withdrawal to be included in the 5 Year Leasing Plan. Natural gas prices are 344 percent of 1998 levels and the highest in the world; US production declined by 4.9 percent from 2001 to 2004. The gravity of the supply challenge means we must keep our options open to producing natural gas in these regions.” (Click here to download file)
March 17, 2005
Paul N. Cicio Testifies Before the House of Representatives on “The High Price of Natural Gas and its Impact on Small Businesses, Issues and Short Term Solutions”
Written testimony of Paul N. Cicio, Executive Director, IECA. (Click here to download file)
March 8, 2005
IECA and Other Consumers Respond to Senators (Dole, Burr, Nelson, Feinstein, Boxer, Snowe, Cantwell, Chaffee, Collins, Kerry, Lautenberg) who Oppose Increasing Access to Offshore Natural Gas Supplies
“Our regret is for the millions of beleaguered homeowners, workers, industries and institutions that once relied on affordable and clean natural gas to sustain their quality of life, but now face skyrocketing and volatile prices because demand for natural gas is out pacing available supply”. (Click here to download file)
March 2, 2005
IECA Encourages Virginia Governor Mark Warner to Sign Bill that Would Increase Natural Gas Exploration in Offshore Virginia
“We believe this legislation is an excellent way forward because it gives States greater control to protect their coastal waters, would significantly increase State revenues, create jobs and help reduce the cost of natural gas. Everyone wins. We believe this legislation is an excellent combination of sound energy, environmental and economic policy.” (Click here to download file)
February 14, 2005
IECA Thanks Virginia State Senator Frank Wagner for Introducing Legislation to Increase Natural Gas Exploration Offshore Virginia
“As consumers, responsible access to our coastal waters is needed to increase domestic supply of natural gas and reduce the price of natural gas.” (Click here to download file)
February 8, 2005
Letter from Senators Dole, Burr, Chaffee, Nelson, Snowe, Cantwell, Lautenberg, Kerry, Collins, Feinstein and Boxer to Senator Domenici- Opposing Access to Natural Gas that is in Moratoria
“we once again express our strong objection to any proposed provision that would open currently restricted areas of the Outer Continental Shelf (OCS) to oil and gas exploration.” (Click here to download file)
February 8, 2005
Letter to Gale Norton, Secretary of the Interior from Key Members of the House of Representatives- Encourages Natural Gas Production Offshore
The letter encourages the Secretary to begin a open and public process to provide access to increased supplies of natural gas through the 5-year Outer Continental Shelf Leasing Program for 2007- 2012. (Click here to download file)
February 7, 2005
IECA Submission to Energy Information Administration Federal Register Request Regarding “Weekly Natural Gas Storage Report”
“The events of the November 24, 2004 cost consumers over one billion dollars. Daily versus weekly natural gas storage reporting will reduce volatility.” (Click here to download file)
February 1, 2005
United States Natural Gas Prices are Highest in World by a Significant Margin
Attached global map details the price of natural gas around the world. (Click here to download file)
January 29, 2005
IECA Asks SEC to Have Energy Hedge Funds Meet the Same Transparency Requirements as Other Similar Institutions
“We need clearly defined transparency and reporting standards that uphold the principles that allow markets to work efficiently and fairly.” (Click here to download file)
January 7, 2005
IECA Responds to Senator Domenici’s Request for Recommendations on Resolving the Natural Gas Crisis
“Conservation and efficiency can help in the short-term…but cannot replace the need for increased production of natural gas and implementation of a diverse energy supply that includes coal, nuclear and renewable energy.” (Click here to download file)
January 3, 2005
IECA Letter to White House, Office of Management and Budget – Consumers are Alarmed and Dismayed at Potential Budget Reductions For Agencies Responsible for Leasing and Permitting Activities
“We’re in the midst of a natural gas crisis. We need more funding, not less funding for programs associated with leasing and permitting.” (Click here to download file)
December 7, 2004
IECA Applauds Senator Domenici for Quick Action to Seek Options to Increase Supply of Natural Gas.
“Somewhere along the way Congress has forgotten that federally managed hydrocarbon resources belong to the people of this country. These resources should serve the needs of the people by providing them with reliable and affordable energy…” (Click here to download file)
December 2, 2004
IECA Asks FERC to Expedite Daily Natural Gas Storage Reporting
The events of November 24, 2004, illustrate the importance of accurate and timely market data when the price of natural gas increased by 17.4 percent in 90 minutes following the release of the weekly storage report. The 90 minute run-up could cost consumers as much as $ 1.0 billion in increased natural gas prices. (Click here to download file)
November 17, 2004
IECA Requests Congress Increase Energy Market Oversight
Energy markets have changed drastically and government oversight, transparency and limits to rampant speculation by traders, particularly unregulated hedge funds, is needed to meet the challenge.
October 13, 2004
IECA “Natural Gas Crisis Workshop- Barriers and Solutions” with the Department of Interior- A Huge Success.
Consumers from all sectors of the economy, top DOI officials, Congressional staff, DOE and FERC participated in the workshop to address the natural gas crisis that continues to drive manufacturing offshore and substantially raise home heating bills.
IECA says thank you to DOI for actions taken…”but much more action is needed by Congress and the Administration to increase supplies of natural gas and lower prices.”
Workshop Presentations:
- Paul N. Cicio, Executive Director, IECA
“Implications of the Natural Gas Crisis to Consumers…the Dismantling of U.S. Manufacturing and Jobs” (Click here to download file)
- Ray Ratheal, Global Chemical & Energy Procurement, Eastman Chemical
“Overview of the National Petroleum Council’s Study on Natural Gas” (Click here to download file)
- Walter Cruickshank, Deputy Director, Minerals Management Service
“Providing Access to Offshore Resources” (Click here to download file)
- Francis Cherry, Deputy Director, Bureau of Land Management
“Managing Energy Resources on Public Lands” (Click here to download file)
- Mark Pease, Senior VP, Exploration and Production, Anadarko Petroleum // Domestic Petroleum Council
“Natural Gas Supply Barriers and Solutions for Domestic Production” (Click here to download file)
- Ray Mentzer, ExxonMobil // The Center for LNG
“Natural Gas Supply Barriers and Solutions for LNG Imports”
July 1, 2004
IECA Weighs-in at Bureau of Land Management Public Hearing in Support of Access to Needed Increase in Natural Gas and Crude Production
(Click here to download file)
June 25, 2004
IECA Testifies Before FERC on Natural Gas Price Index Reporting Problem: Says Price Discover Still Not Working
IECA testimony answers the question, “Why is natural gas so special that consumers support mandatory reporting?” (Click here to download file)
May 20, 2004
IECA – “Consumers Urge Congress and States to Remove LNG Obstacles”
“It is in everyone’s interest to have a rational siting process. We need political solutions and action, and less finger-pointing. Federal, state and local officials must unite in support of the national interest of affordable and reliable energy. The economic consequences are staggering.” (Click here to download file)
April 29, 2004
IECA Comments filed to EPA Proposed Mercury MACT
“The rule must be implemented in a manner that does not increase utility demand for natural gas. All utility costs get passed on to “us,” the consumer.” (Click here to download file)
April 22, 2004
Consumers Urge Leavitt to Make Utility Air Quality Rules “Natural-Gas-Neutral”
Eighteen diverse consumer organizations sent a letter to EPA Administrator Leavitt urging the EPA to make the Interstate Air Quality Rule and the Mercury MACT “natural-gas-neutral”. The letter urges Leavitt to complete a study on the impact of the proposed rules on demand and price of natural gas under Executive Order # 13211. (Click here to download Leavitt letter) (Click here to download Executive Order)
April 15, 2004
IECA Releases Report “46 Month Natural Gas Crisis Costs Consumers Over $130 Billion”
The report indicates that flat natural gas production and significant increased consumption by electric utilities are to blame. From 1992 to 2002 natural gas demand by electric utilities increased 60.5% and accounted for 93.6% of the nations’ increase in natural gas demand. (Click here to download file)
April 13, 2004
IECA and EMIT tell FERC Uncertainty about the Validity of Natural Gas Index Prices Continues
“Our members remain concerned that a voluntary reporting scheme cannot guarantee continued improvements in reporting.” (Click here to download file)
March 30, 2004
IECA Comments filed to EPA Proposed Interstate Air Quality Rule (IAQR)
“IAQR will determine whether coal or natural gas will be used to meet expanding electricity demand…how much natural gas is available for “all” consumers and the price we will pay. Current air regulation has driven electric utilities to use substantial amounts of natural gas, resulting in very high prices.” (Click here to download file)
February 25, 2004
Analysis of Lost Chemistry from the Deterioration of Trade in Manufactured Goods (ACC Study) (Click here to download file)
February 24, 2004
IECA Urges FERC to Require Natural Gas Price Reporting
The letter to FERC cites recent action and penalties by the CFTC on several energy trading companies and a national natural gas price index reporting system that remains in disarray- to call for quick action. (Click here to download file)
February 24, 2004
IECA’s “Natural Gas Price Index Policy Recommendations”
It is vitally important that natural gas markets work efficiently; that the gas pricing mechanism is completely transparent and not subject to manipulation; and that the price truly and accurately reflect the laws of supply and demand. (Click here to download file)
February 17, 2004
IECA Commends DOE for GHG Registry 1605 (b) and Provides Input
“We are particularly pleased with the focus on GHG intensity measurement and the decision not to implement a system of transferable credits. Establishment of a system of transferable credits is inconsistent with a healthy manufacturing sector.” (Click here to download file)
February 17, 2004
IECA Extends Its Congratulations and Thanks to the CFTC Chairman Newsome for imposing $50,000,000 in civil penalties For Attempted Natural Gas Price Manipulation
“Market activities such as wash trades, false reporting and other attempts to manipulate price indexes, should not and cannot be tolerated” (Click here to download file)
January 26, 2004
IECA Applauds Administration’s Action to Provide New Natural Gas Drilling Incentives
In a letter to the Secretary Norton, IECA strongly supports the new incentives that encourage drilling deeper wells in existing shallow Gulf Coast areas to increase natural gas production (Click here to download file)
January 16, 2004
Letter from House Chairman Tauzin and Pombo to Speaker of House-Natural Gas Concerns
“The United States is on a trajectory towards an energy future which threatens Americans’ livelihoods and quality of life, and pits at peril our national manufacturing and industrial base.” (Click here to download file)
December 22, 2003
IECA Encourages OBM to Act Swiftly to Approve Natural Gas Royalty Relief
“IECA is both alarmed and dismayed that this rule is languishing within the federal government and this agency” (Click here to download file)
December 3, 2003
IECA Releases Report “41 Month Natural Gas Crisis Costs U.S. Consumers Over $111 Billion”
The report indicates the natural gas crisis started in June, 2000 and continues today with no end in sight. “Every penny of the $111 billion could have been prevented. The U.S. is blessed with enormous natural gas reserves yet we do not lift drilling moratoriums.” (Click here to download file)
November 12, 2003
Jack Belcher, Majority Staff Director for House Sub Committee on Natural Resources thanks IECA for efforts to promote increased supplies of natural gas
In a meeting with IECA members, Mr. Belcher reviewed provisions in the Energy Policy Act of 2003 that would have a positive impact on increasing natural gas supplies long term. Belcher supports continued collaboration with IECA to help resolve the natural gas crisis.
November 12, 2003
Steve Harvey, Deputy Director, Market Oversight and Assessment at FERC, encourages IECA’s consumer views on resolving the natural gas price index manipulation issue.
In a meeting with IECA, Mr. Harvey reviewed the status of the FERC’s progress. FERC survey proves that insufficient price index reporting is occurring.
November 10, 2003
Senator James M. Inhofe’s paper on “Solving America’s Natural Gas Crisis”
Senator Inhoffe is the Chairman of the Senate Committee on Environment and Public Works. His paper “Solving America’s Natural Gas Crisis” is an analysis of the causes and impacts of high natural gas prices and what Congress must do to address them. (Click here to download file)
October 28, 2003
IECA writes Senator Domenici and Rep. Tauzin- “Energy Policy Act of 2003 will not put U.S. on a path to resolve the natural gas crisis…SEACOR is the solution.”
The letter asks that SEACOR (State Enhanced Coastal and Offshore Resources provision) be added to the energy bill conference report. SEACOR encourages states to open OCS areas to drilling, provides for royalty revenue sharing and gives states shared veto power on drilling. (Click here to download file)
October 24, 2003
IECA and the American Public Gas Association asks Senate for action now to bring adequate supplies of natural gas to market
“APGA and IECA believes more must be done now to bring adequate supplies of natural gas to market to meet our nations growing demand.” The letter also supports inclusion of Section 12402 that gives FERC clear jurisdiction to monitor the daily natural gas cash market to prevent price manipulation. (Click here to download file)
October 14, 2003
IECA helps organize industry letter that asks Senator Domenici and Representative Tauzin to add provisions to Energy Policy Act of 2003 that will increase natural gas production.
Twenty-four trade associations sign-on to a letter to Congress that says “the Congress appears to be ignoring a solution that offers the potential for relief from high prices and volatility of supplies…timely development of outer continental shelf (OCS) resources. (Click here to download file)
October 8, 2003
Robert Cupina, Deputy Director, Office of Energy Projects at FERC meets with IECA membership to discuss the lack of natural gas storage capacity
IECA believes there is insufficient national gas storage capacity and that it contributes to price volatility. FERC’s role was explored and several alternatives were discussed.
October 8, 2003
Micheal Gorham, Director, Division of Market Oversight at the Commodity Futures Trading Commission meets to discuss IECA concerns regarding NYMEX natural gas contract trading and volatility
Mr. Gorham and IECA members discuss CFTC oversight of NYMEX natural gas trading. IECA reviews multiple concerns and next steps.
October 6, 2003
IECA Praises Rep. Joe Barton for Leadership in Resolving Natural Gas Price Manipulation
The letter supports Rep. Barton’s legislative position, which would give FERC oversight on collecting and reporting of natural gas prices. (Click here to download file)
September 25, 2003
A Report of the National Petroleum Council, “Balancing Natural Gas Policy- Fueling the Demands of a Growing Economy”. (Click here to download file)
September 2, 2003
IECA Sends Letter to the Chairman of the Commodity Futures Trading Commission Asking them to Take Action to Protect Consumers
“…we request the CFTC urgently review the rules governing how the NYMEX natural gas contract is traded and make necessary change to protect consumers.” (Click here to download file)
September 2, 2003
IECA Sends Second Letter to NYMEX Raising Market Power Concerns that a Single Entity May Hold up to 12,000 Natural Gas Contracts in a Single Month.
Given an entity may hold 12,000 natural gas contracts in a single month means one entity could control 24.6 % of the September, 2003 open interest and 100% of the May, 2003 contract. (Click here to download file)
August 26, 2003
IECA Sends Letter to NYMEX Expressing Deep Concern Over Natural Gas Volatility and the Potential for Market Power
“We believe the NYMEX natural gas contract creates an environment that attracts speculators who have a primary goal of moving the market to the advantage of the speculative position they have taken.” (Click here to download file)
|August 12, 2003
IECA Meets with NYMEX to Address Natural Gas Volatility and Market Power Concerns. Provides Three Recommendations.
Thirteen IECA members met with Neal Wolkoff, Executive VP of the NYMEX to discuss concerns that the natural gas contract is organized in a manner that un-necessarily increases volatility and potentially increases concentration of market power in the hands of speculators. (Click here to download file)
August 12, 2003
DOE Responds to IECA Policy Recommendations to Deal the Natural Gas Crisis
Vicky Bailey, Assistant Secretary, Office of Policy and International Affairs responded to IECA’s letter of July 15, 2003 thanking IECA for a comprehensive set of policy options addressing natural gas supply and price issues. Bailey concurs with IECA’s position “that energy efficiency and conservation should not be seen as the only solution in the short term.” (Click here to download file)
August 4, 2003
Natural Gas Impact on the Industrial Sector: Not the Industry’s Finest Hour (Study) (Click here to download file)
July 29, 2003
IECA Sends Letter to Senate in Support of Burns Amendment to Provide Timely Consideration of Applications for Natural Gas Drilling Permits
IECA organized twenty-three consumer organizations to sign-on to a letter to Senate leadership in support of Senator Burns amendment to expedite Department of the Interior permit approvals. The organizations include retail, agricultural and industrial consumers. (Click here to download file)
July 28, 2003
DOE Responds to IECA Letter. Convenes Federal Agencies to Discuss IECA Recommendation
Vickie Bailey, Assistant Secretary, Office of Policy and International Affairs responded to IECA‘s letter of June 23, 2003 stating support to develop alternatives for use of gas in power generation and improved energy efficiency. Ms.Bailey also said representatives from the White House and several Federal departments and agencies met to discuss IECA’s recommendation dealing with options to encourage temporary fuel switching from natural gas. (Click here to download file)
July 22, 2003
Impact of Natural Gas Crisis on the North American Nitrogen Fertilizer Industry (Click here to download file)
July 18, 2003
IECA Letter to Congress and Governors explaining that Natural Gas Inventories Increased Because of Destruction of Manufacturing Demand
The “bad news” is that natural gas inventories increased at record levels, not because of increased production but because of destruction of manufacturing demand, according to the EIA.” (Letter and Press release)
July 15, 2003
IECA Tells Secretary Abraham “Weather Roulette Should Not be an Option.”
In a July 15, 2003 letter to the Secretary of Energy thanking him for his leadership in initiating the DOE/NPC Natural Gas Summit and the “Smart Energy Use” campaign, IECA raised serious concerns about a ‘demand-side only” solution to the natural gas crisis. (Letter and Press release)
July 14, 2003
IECA Praised Dennis Hastert, Speaker of the House for his Leadership in Creating the Task Force for Affordable Natural Gas
The Task Force is charged with developing a Congressional report by September 30 on the causes and solutions to the natural gas crisis, and will conduct 5 field hearings during the Summer Recess. (Click here to download file)
July 11, 2003
IECA Calculations Say Each New Electric Utility 500 MW natural gas fired power plant consumes the equivalent gas used by 842,308 homes.
(See Fact Sheet)
June 26, 2003
IECA Executive Director, Paul Cicio attends the DOE/NPC Natural Gas Summit. IECA submits thirteen recommendations to the Department of Energy to resolve the natural gas crisis.
(Click here to download file)
June 25, 2003
Association of American Railroads-“Federal Policy Should Discourage Use of Natural Gas for Baseload Electrical Generation” (Click here to download file)
June 23, 2003
IECA Calls on President to “Declare War on High Natural Gas Prices”
In a letter to Secretary of Energy Abraham thanking him for his leadership, IECA outlined thirteen short-term recommendations to deal with the natural gas crisis that is dismantling the nation’s manufacturing base.
(Letter, Recommendations, Press Release)
June 19, 2003
IECA files FERC Intervention regarding the Natural Gas Price Formation Index Price Manipulation issue.
(Click here to download file)
May 21, 2003
IECA membership meets with the White House to discuss the seriousness of the natural gas crisis and presents briefing paper with recommendations.
(Click here to download file)
April 24, 2003
IECA letter to FERC Chairman Wood on the natural gas price index manipulation crisis along with recommendations.
(Click here to download file)
April 24, 2003
Al Musur, Chairman of IECA testifies at FERC hearing on the natural gas price index manipulation issue.
(Click here to download file)
April 4, 2003
Chairman Newsome of the Commodity Futures Trading Commission responds to IECA letter of March 11, 2003 regarding NYMEX natural gas contract concerns.
(Click here to download file)
April 3, 2003
IECA letter to Senator Domenici, Chairman of the Senate Energy and Natural Resources Committee- IECA comments on the Chairman’s draft energy bill; recommendations to increase supply of natural gas.
(Click here to download file)
March 26, 2003
House HR 4, National Energy Policy Act of 2003, accepts IECA supported language that gives FERC responsibility to collect natural gas pricing and aggregate it for public use.
(Click here to download file)
March 17, 2003
IECA and eleven organizations send letter to House Resource Chairman, Pombo urging action to resolve potential natural gas supply problems.
(Click here to download file)
March 14, 2003
IECA Chairman, Al Musur- Presentation on Natural Gas Prices, “What’s that all about?”
(Click here to download file)
March 11, 2003
IECA letter to FERC Chairman Wood, “Request for emergency action to bring credibility, transparency, liquidity and real time price data to the natural gas cash market.”
(Click here to download file)
March 11, 2003
IECA paper “The Natural Gas Crisis- the faith and trust in the commercial reporting of local cash price for natural gas has collapsed.”
(Click here to download file)
March 11, 2003
IECA Paper- “NYMEX Natural Gas Trading Issues.” Identifies problems and presents policy solutions.
(Click here to download file)
February 24, 2003
IECA letter to Senate & House leadership, Governors- “Congress Must Act Quickly to Resolve the Natural Gas Supply Crisis that is Crushing America’s Consumers.”
(Click here to download file)
January 16, 2003
IECA letter with thirty-two supporting organizations to Senate & House leadership, “The U.S. Energy Crisis, An Urgent Request for Action.” Identifies problems and policy solutions.
(Click here to download file)
January 22, 2001
IECA letter to Congress, “Over-Reliance on Natural Gas is Not a Sustainable Energy Policy.”
(Click here to download file)
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