Rising energy costs spur Ohio steelmakers to call for more flexible policy

Oct 25, 2005 | 12:44 PM | Scott Robertson

Some of Ohio's largest energy consumers are sounding an alarm about the high cost of energy.

Steel producers are expressing grave concerns over high natural gas prices, which they say have increased 400 percent during the past five years. In the most recent price run-up, natural gas costs per ton of steel produced have tripled.

The public/private Ohio Steel Council has set about urging legislators to consider a more flexible but environmentally sound policy to open Ohio public lands and the Great Lakes to oil and natural gas drilling and extraction. The council also is calling for the streamlining of the approval process for new pipelines to bring additional supplies to Ohio.

A proposal by Rep. John P. Hagan (R., Ohio) to bring oil and gas wells to the state's public lands and Lake Erie has gained the support of most members of the Ohio Steel Council. Hagan expects to introduce the legislation during the next three weeks, the council said.....





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