Washington-The Industrial Energy Consumers of America (IECA) said May 7 that it strongly opposes S. 2229, the Wyoming Range Legacy Act of 2007, which would withdraw 1.2 million acres of land that contain 8.8 trillion cubic feet of natural gas. “Natural gas prices are up 48 percent over this time last year and consumers could pay as much as $85.9 billion more for natural gas in 2008 versus 2007. At a time when every homeowner, farmer and manufacturer is suffering from high energy costs, this is not the time for Congress to withdraw access to large amounts of natural gas,” said Paul Cicio, IECA president. IECA says the nation’s natural gas supply is very fragile, citing statistics from the Energy Information Administration that gas production in 2000 was 19.2 trillion cubic feet, versus 19.3 trillion cubic feet in 2007. Meanwhile, demand increased by 9.8 percent in the same time period.
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