Political Quotes

“in my district there are a number of caverns that are used to store gas for the New England area and the northeast. There are huge salt caverns that we pump the gas into in the summertime. The underground gas reserves in America are the lowest they have ever been historically. The concern is that with the amount of gas that we are using ongoing now to generate electricity, there is not going to be enough to fill them this summer. Last September we had the biggest, the largest amount of gas we ever had in this country. By late November, we had those reserves almost all used because we had an early winter and a cold winter all up and down the East Coast, and so we used more gas than usual. The problem is right now the average gas price is somewhere between 5 and 5.50 a thousand. We were used to in this country $2 and $3 gas. It was $3 during the peak season in the winter, $2 in the summer when they would fill the reserves. We are now looking at filling reserves at $5 gas if we had it to put there, or $6 gas. When we raise the cost of doing business that much, double energy prices and more than double for large businesses that use a lot of gas, we will put them out of business.”