Media Contact: Jennifer Scott
Phone: 703-741-5813
America’s chemical industry is the largest energy consumer in the manufacturing sector. Chemical companies use large amounts of natural gas—more than the state of California—both to heat and power our facilities and as a raw material for chemistry that goes into thousands of consumer and industrial products. Other U.S. industries also depend on natural gas for production, among them steel, aluminum, cement and agriculture.
Given our industry’s reliance on natural gas for production, one of our most pressing challenges is its skyrocketing cost. U.S. natural gas costs have risen sharply since 2000, ranging from 300 to 700 percent higher. In some countries, natural gas can be purchased for less than one-tenth of its U.S. cost. Chemical makers and other manufacturers simply cannot compete effectively in the global market when the cost of one of their key “inputs” is so much higher. Consumers see the impact as well—in their home heating and electricity bills—natural gas is increasingly used for electricity generation—and in the cost of products they buy that are made with natural gas, as higher energy costs ripple through the supply chain.
Government policies exert significant influence on domestic energy price and supply. Clearly, consensus has developed in Congress that current OCS policy—a blanket ban on energy development off the Atlantic and Pacific coasts—must be changed. America’s energy needs require expanded access to domestic sources. ACC has long advocated for a balanced energy policy that includes efficiency, conservation, diversity (including renewables) and expanded domestic energy supply. As these issues continue to occupy center stage in the new Congress next year, these will remain our key priorities.
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ACC’s Cal Dooley discusses energy, climate, rail policy and chemical regulation, September 30, 2008. » view video on Jack Gerard Talks to NPR About Petroleum's Future. » listen to audio ACC’s Jack Gerard discusses climate and energy policy and the need for a comprehensive approach, May 21, 2008. » view video/transcript on Jack Gerard speech to the Nuclear Energy Assembly, May 6, 2008: Energizing a Low-Carbon Future » view transcript EVENT TRANSCRIPT and VIDEO CLIPS: Presidential Campaigns on Energy Policy, October 24, 2007 ACC's Jack Gerard urges Congress to wait to revisit chemical security rules, March 21, 2007 ACC President and CEO Jack Gerard Explains Need for More Offshore Drilling, May 18, 2006 Consumer Alliance for Energy Security Urges Congressional Action to End Crisis, April 5, 2006 ACC President and CEO Jack Gerard Testified Before Congress on Natural Gas Prices, February 9, 2006 » view testimony » view photos ACC President and CEO Jack Gerard Testified Before Congress on America's Natural Gas Crisis, November 17, 2005 |
Resources:
- ACC Testimony: The Future of Coal Under Carbon Cap and Trade, September 6, 2007
- American Chemistry – Essential to Climate Solutions
- Energy Savings Through American Chemistry
- ACC Energy Ad September 2008
- Consumer Alliance for Energy Security Website
- The Facts About Energy Exploration
- How American Chemistry Helps the U.S. Save Energy
- Graph: Worsening Gap Between Domestic Natural Gas Supply and Demand
- Graphic: Natural Gas Makes Essential Products
Relevant Links:
- Learn more about chemistry’s contribution to energy conservation.
News Releases:
ACC Statement on President-Elect Obama's Energy Team [12/15/2008]
ACC: House Lifts Restrictions on OCS - Key Step Toward A Sound Energy Policy [9/24/2008]
ACC: House Leadership Energy Package Demonstrates Need to Change OCS Policy [9/17/2008]
ACC Supports Direction of Senate's Bipartisan Energy Proposal [8/4/2008]
ACC Applauds House Bipartisan, Multi-Faceted Energy Bill [8/1/2008]
» see all news on energy


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