A Pennsylvania judge has ruled against a Lycoming County landowner who had argued an oil and gas lease could not be extended because he was not aware of an extension clause.
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LG&E Residentials to See 40% Commodity Cost Reduction
Louisville Gas and Electric Co. (LG&E) filed with the Kentucky Public Service Commission to decrease the gas supply clause (GSC) component of its retail rates for consumption Feb. 1 toApril 30, 2007. The newly filed GSC factor of 65.666 cents per 100 cubic feet is a reduction of 11.082 cents from the current rate of 76.748 cents. By comparison, the rate for Feb. 1, 2006 was 127.454 cents.
January 2, 2007
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