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WASHINGTON, DC -- In a July 18, 2003 letter to the United States Congress and Governors, the Industrial Energy Consumers of America (IECA) says the increase in natural gas inventories is a good news/bad news story.
The letter says, "The good news is that the most recent EIA natural gas storage report says inventories have increased and are now 25% below last year and 15% below the five-year average. The bad news is why," according to Paul N. Cicio, executive director of the ...