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Gold/Mining/Energy : ENERGY EXPLORATION & PRODUCTION -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (91)8/31/2008 6:41:01 AM
From: Sam Citron  Respond to of 111
 
Dennis,

Nice job reviving a long dormant thread. I've recently become quite interested in Questar upon reading that Utah is leading the nation in the adoption of nat gas vehicles due to 87 cent per gallon of gasoline equivalent pricing and that Questar is doing the heavy lifting. Surge in Natural Gas Has Utah Driving Cheaply nytimes.com

The key sentence from the article for me was: "Natural gas prices are cheap because under Utah regulations, the utility is obliged to offer about half of the gas that it sells to its retail customers at the cost of production."

With Pickens apparently willing to spend his vast fortune burnishing his legacy and lobbying Congress and, I would hope, state legislatures, I wonder if this might become a state regulatory trend. Sounds to me like an interesting and potentially more efficient alternative to California's Prop 10.

Cheers,
SC