Mar 05 2001

SHELBY REQUESTS HEARING TO INVESTIGATE HIGH GAS PRICES

U.S. Senator Richard C. Shelby (R-Ala.) today urged the chairman of the Senate Energy Committee to hold a hearing to investigate high natural gas prices.

In a letter to Senator Frank Murkowski, Chairman of the Senate Energy Committee, Senator Shelby requested the hearing to study the problem of high natural gas prices as well as possible solutions and preventative measures. Senator Shelby requested the hearing after meeting with members of the Alabama Municipal Distributors Group and hearing their concerns regarding the high gas prices and the resulting hardships faced by many Alabamians.

"These extreme prices have placed an undue burden on many Alabamians," said Shelby. "Many individuals on fixed incomes are being forced to choose between necessities. I don't think it is right for anyone to have to choose between heating their home and food or medicine."

"Natural gas is an important commodity that is utilized by more and more people each year for heating," added Shelby. "I believe the current state of natural gas prices cannot be ignored. As a member of the Senate Energy Committee, I am hopeful we can address this problem head-on and develop some solutions to this crisis."