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Natural Gas Prices Increasing

September 6, 2005
By: Kristen Commander
State Capital Bureau

One Missouri State official says Missourians should start preparing for higher natural gas prices now. Kristen Commander has more from Jefferson City.

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Missourians will start feeling the effects of Hurricane Katrina when natural gas prices start to increase. With the low supply of gas in the Gulf, Public Service Commission Chair Jeff Davis says he thinks customers will soon have to start paying more for their natural gas.

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"Future's contracts today are about twenty percent above the all time high that we reached a few years ago." "

Davis also says Missourians won't be the only ones affected by the high prices. He says almost everyone in the nation will feel the freeze this winter. From the State Capital, I'm Kristen Commander.

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Natural gas shortage has a lot of Missourians worried about keeping warm in upcoming winter months. Kristen Commander has more from Jefferson City.

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With Hurricane Katrina's devastion of gas pipelines, many Missourians are worried there will be a shortage of natural gas. Public Service Commission Chair Jeff Davis is confident Missouri has enough gas to make it through the winter.

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"We'll have enough gas to get people through this winter, the question is what price are people going to pay for it?"

Davis says residents can save money by making their home more winterized. This includes filling in cracks around doors and checking hot water heaters. From the State Capital, I'm Kristen Commander.