[Congressional Record (Bound Edition), Volume 150 (2004), Part 10]
[House]
[Pages 12746-12747]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           NATURAL GAS SUPPLY

  (Mr. TERRY asked and was given permission to address the House for 1 
minute.)
  Mr. TERRY. Mr. Speaker, I commend the House for dedicating much of 
this week to energy, and I want to spend time today on the natural gas 
crisis. Clean-burning natural gas heats our homes, cooks our meals, and 
is used to produce almost everything we use, from food to fertilizer, 
to cars and clothes; but soaring natural gas prices have a devastating 
ripple effect on our economy. Families are paying hundreds of dollars 
more annually for their natural gas.
  The U.S. chemical industry has cut at least 90,000 jobs in the past 4 
years. Manufacturers have moved overseas where gas prices are much 
lower. Farmers have seen the cost of fertilizer double in 4 years as 
fertilizer imports have increased by 43 percent.
  The Energy Policy Act, which the House passed again this week, would 
dramatically boost domestic natural

[[Page 12747]]

gas supplies and lower prices. By adopting this balanced plan, we would 
save Americans approximately $1 trillion in natural gas costs over the 
next 20 years, $1 trillion saved along with hundreds of thousands of 
jobs.

                          ____________________