AF&PA President Praises House Appropriations Vote
May 11, 2006 - The president of the American Forest & Paper Association (AF&PA), praised House appropriators for their vote on Congressman Peterson's (R-PA) amendment to the Interior and Environment Appropriations bill that would lift the Federal moratorium on natural gas exploration on the Outer Continental Shelf (OCS).
"This vote is a first step in addressing the serious need to increase the domestic natural gas supply by allowing energy exploration on the Outer Continental Shelf," said W. Henson Moore, president and CEO of AF&PA. Moore is a former Deputy Secretary of Energy.
"Energy is a significant manufacturing cost for the forest products industry—sometimes as much as 22 percent. Natural gas accounts for about half of the energy we purchased. With the cost of natural gas skyrocketing, and demand far outpacing supply, the current situation is untenable. Today's committee action was a move in the right direction and a welcome sign that Congress recognizes the natural gas problem facing this country and is willing to take action," Moore added.
SOURCE: American Forest & Paper Association