Two states have decided to review the high cost of gas this past winter and the effect the price hike has had on the states' gas utilities.
Florida. While granting requested rate...
gas used in setting its monthly gas cost recovery rate.
The commission found that the LDC's current strategy of relying heavily on short-term contracts with market-based prices did not justify adding a "volatility factor" to its adjustment clause price forecast. Re Michigan Consolidated Gas Co., Case No. u-11145, August 13, 1997 (Mich.P.S.C.).
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