Motorists are concerned about what they have to pay at the pump. Homeowners, especially here in the Midwest and in the Northeast, are worried about the cost of heating their homes this winter. In California and elsewhere, small business owners and families alike are seeing their electricity bills skyrocket. In Michigan and other states, the hardships are real and growing.
Many people here heat their homes with natural gas and propane.
Today, at the wellhead, natural gas costs twice as much as last year. And affordable energy is vital to Michigan s great economy - with its automobile manufacturing base and a growing high tech sector. The situation is critical for our nation. President Clinton warns of a possible recession. His fears could be well placed.