House lawmaker seeks 30-year energy strategy after U.S. election

Thu Sep 20, 2012 9:34pm GMT
 

* Lee Terry eyes whether legislation needed to support natgas use

* Not opposed to natgas exports, supports short-term wind credit

By Roberta Rampton

WASHINGTON, Sept 20 (Reuters) - A House Republican lawmaker who helped shape the Congressional energy battle over the Keystone XL pipeline said that after the election he will promote a 30-year strategy to extend the boom in U.S. natural gas production.

Lee Terry, a senior member of the House Energy and Commerce committee, said he is looking at whether legislation is needed to spur development of natural gas.

"I think when we look at a comprehensive energy policy next year, natural gas may be the epicenter of that conversation," Terry said in an interview.

Terry championed efforts in the Republican-led House of Representatives to override President Barack Obama's decision to delay TransCanada Corp's Keystone pipeline, which would transport oil from Canada to Texas.

After the Nov. 6 presidential election, Terry said he plans to push for a broad new energy plan, the shape of which is still to be determined.

"We've nibbled at the edges the past couple of years, mostly chasing (Environmental Protection Agency) rules and regulations, but I think whoever wins the presidency, we need to really sit down and have our 30-year strategy," he said.   Continued...

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