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Addressing Global Climate Change
Natural Gas SupplyThe Bush Administration has taken several steps to expand access to clean and affordable domestic natural gas supplies, including (1) proposing royalty relief for natural gas recovered from deep gas formations in the Gulf of Mexico to spur additional supply; (2) supporting research and development efforts into natural gas recovery from methane hydrates, which could meet world energy needs for centuries to come; and (3) hosting a natural gas summit in June 2003 which focused on problems and solutions in natural gas markets, and identified actions that can be taken immediately to ease short-term natural gas supply constraints.
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