TITLE

Dow CEO Urges Action on Natural Gas 'Crisis'

AUTHOR(S)
Westervelt, Robert
PUB. DATE
November 2005
SOURCE
Chemical Week;11/16/2005, Vol. 167 Issue 39, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the move of Dow Chemical chairman and CEO Andrew Liveris to urge the U.S. government to address the natural gas crisis. "The price of natural gas, once $2/million Btu, has recently been as high as $14/million Btu, which is the equivalent of $7/gal for gasoline," Liveris said. "These high prices are felt acutely by all manufacturers, particularly the chemical industry, which relies on natural gas both to power our plants, and as a raw material to make our products." Government action is need to increase supplies of natural gas, he says.
ACCESSION #
18907658

 

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