Joseph Kelliher, chairman of the Federal Energy Regulatory Commission (FERC), speaks on rising gas prices and the effects of hurricanes Katrina, Rita, and Wilma on the status of those prices at the National Press Club’s "Newsmaker" Conference.
Kelliher illustrates how hurricanes have caused a loss of 12% in natural gas around the Gulf Coast Region. Sadly, the US cannot rely on Canada’s pipeline to fulfill the natural gas shortage since Canadian gas production still has to service Canada for the coming winter. (2:03)
November 22, 2005
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- Housing and Urban Development Secretary Alphonso Jackson announces the allocation of $11.5 billion in community development block grant funds to disaster affected states: Louisiana, Mississippi, Alabama, Florida and Texas.
- Chairman of the Federal Energy Regulatory Commission (FERC), Joseph Kelliher, highlights the steps needed to bring Liquefied Natural Gas (LNG) to the US and the reasons for natural gas shortages.
- Canadian Prime Minister Upset Over “Buy American” Provision
- Civil Rights Advocate Calls Post-Katrina Problems a “Man-Made Catastrophe”
- TRNS from Around the World: Ottawa, ONTARIO
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