For those here who think NG shortages this winter are over the top this from the government
FERC Staff Voices Concern About US Regional Gas Shortages
10:28 EST Wednesday, Oct 12, 2005
WASHINGTON -(Dow Jones)- Federal Energy Regulatory Commission staffers Wednesday said there could be natural gas supply shortages this winter in certain regions of the U.S., such as the northeast.
"Supply disruption possibilities will be shorter term and more geographically located," said Stephen Harvey, FERC deputy director of Market Oversight and Assessment. "I think it is a concern, the farther you get up into the northeast, the more concern there is."
Staffers also warned at a natural gas conference in Washington that hurricane- related natural gas supply disruptions could also mean higher electricity prices, and possible price spikes this winter, especially for customers in the northeast.
-By Maya Jackson Randall, Dow Jones Newswires; 202-862-9263; maya.jackson- randall@dowjones.com
(END) Dow Jones Newswires
10-12-05 1023ET
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