LYCOS RETRIEVER 
Cascade Natural Gas: Months
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On Feb. 14, Cascade requested an increase in its general natural gas rates in order to procure an additional $11.7 million in annual revenue. The proposal would increase rates for residential and commercial customers, while rates for industrial customers would decline. The average residential customer would see a 9.5 percent increase in their winter bills, about $9.64 a month.
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Regulated natural gas utilities in California purchase their natural gas supplies, mainly for residential and small commercial customers, in direct transactions with natural gas producers or marketers. The prices of the bulk of those transactions are not determined by the price indices. California natural gas utilities procure about 90-95 percent of their natural gas supply under monthly, fixed price contracts.
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Lagging Natural Gas Play May Outshine in 2007 - While many North American natural gas plays are flat for 2006 following a very volatile twelve months, shareholders of Denver-based Cimarex Energy won’t even manage to break even this year. click here
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