Andrew Liveris, chief executive officer of Dow Chemical, told the Senate Committee it must take actions to address the U.S. natural gas crisis. He
suggests Congress declare a national energy emergency "right now" and urge every American to save energy.
Shortages may develop for plastic milk and detergent bottles, automobile tires, disposable diaper liners and bread bags because of high natural gas
prices and hurricane-hit chemical plants, the head of Dow Chemical Co. said on Thursday.
The US government should help repair damaged natural gas processing plants and declare a "national emergency" to make consumers aware of supply
problems triggered by the storms, Liveris said.
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The Fed has been doing it's best to prolong the fossil fuel crisis from effecting the economy, but that fiat money game is about over when the big
companies start screaming.
The free market is the best way to handle such situations to a point. I don't know how bad the situation is, but when the price goes up, people do
continue to pay, but what they are more reluctant to do is waste. I have to drive my car, but unless a trip is necessary, I just stay home. When
demand drops, the prices will do likewise.
lol!!! I hope you're looking forward to paying higher rent rates also!!!
oh....how glad I am to move south when I did!!! the lady who lived in this apartment before us went all winter without turning on her gas. she just
let the heat rise from the lower apartment and used a couple electric heaters......I hope we can do the same.
feel sorry for all my friends in upstate ny, I hope you all an unusually warm winter!
Hmmm...... I'm now would be a good time to go down to Ace Hardware and find myself a nice electric heater for my room. It's cold enough down there
even with the heat turned on, I get the feeling if I don't have heat when winter comes around, things will start to freeze. I can't have my
computer exposed to freezing temperatures, otherwise I'll never get back on ATS.
That or I can get an industrial grade heater to heat the whole downstairs.
Oh well. I figure when CEO's are starting to whine about the gas crisis, something is definatly wrong. This is probably forshadowing a pretty nasty
crisis this winter.
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