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File #: 041075    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 12/9/2004 In control: CITY COUNCIL
On agenda: Final action: 12/9/2004
Title: Urging the Congress of the United States to provide for a domestic energy policy that ensures an affordable supply of natural gas and embraces a concerted national effort to promote greater energy efficiency and environmentally responsible natural gas production.
Sponsors: Councilmember DiCicco, Councilmember DiCicco, Councilmember Tasco, Councilmember Tasco, Councilmember Reynolds Brown, Councilmember Reynolds Brown, Councilmember Ramos, Councilmember Krajewski, Councilmember Krajewski, Councilmember Kelly, Councilmember Kelly, Council President Verna, Councilmember Clarke, Councilmember Goode, Councilmember Blackwell, Councilmember Blackwell, Councilmember Kenney
Indexes: PHILADELPHIA GAS WORKS
Attachments: 1. Signature04107500.pdf
Title
Urging the Congress of the United States to provide for a domestic energy policy that ensures an affordable supply of natural gas and embraces a concerted national effort to promote greater energy efficiency and environmentally responsible natural gas production.
Body
WHEREAS, The price of natural gas in the United States, already the highest in the industrial world, has again spiked and shows continued volatility; and

WHEREAS, According to the federal Energy Information Administration, total natural gas demand is projected to grow 48% over the next 25 years; and

WHEREAS, The United States and the City of Philadelphia are increasingly reliant on natural gas in our energy supply, creating an imbalance between natural gas supply and demand; and

WHEREAS, Higher natural gas costs are passed through to consumers in the form of spiraling home heating bills, more expensive food, and higher prices for many pharmaceuticals and consumer goods; and

WHEREAS, Philadelphia Gas Works' ("PGW") rates are already the highest in the Commonwealth of Pennsylvania, and the annual bill for a typical PGW residential heating customer is already projected to exceed $1500 for the 2005 fiscal year; and

WHEREAS, PGW is expecting the annual cost of gas supply to rise by over $60 million or nearly 14% over the prior year during fiscal year 2005; and

WHEREAS, The volatility of gas prices is having a negative effect on metal-treating, chemical, fertilizer, plastics, aluminum, and steel producers as well as the agricultural sector; and

WHEREAS, The chemical and plastics industries of the United States, once leading exporters, now have large trade deficits, in part due to rising gas prices; and

WHEREAS, Thousands of jobs in the Commonwealth of Pennsylvania and hundreds in the ...

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