Guaranteeing

ConocoPhillips Offers Guaranteed Gas Deliveries in Alabama in Return for LNG Terminal Okay

Working to improve the prospects for its proposed LNG terminal in the Gulf of Mexico off the coast of Alabama, ConocoPhillips has offered several concessions to the state, including guaranteeing that up to 200 MMcf/d of gas would be on call for use in the state on a monthly basis at market prices.

February 21, 2006

Industry Brief

Nicor Services, a subsidiary of Nicor, Inc., introduced a fixed payment plan for retail customers. The Nicor Services Fixed Bill gives customers security by guaranteeing a gas bill amount that remains the same for 12 months — regardless of changes in gas prices or the weather. The way the fixed bill program works is simple. Nicor Services calculates an individual monthly amount for each customer, based on a variety of factors, including the gas usage profile of their home and natural gas market prices. Quotes are good for 24 hours. Once a customer signs up, their monthly fixed bill amount is guaranteed not to change for 12 months. Nicor Services will pay the customer’s monthly utility bill and the customer pays Nicor Services their fixed bill amount. Before the end of a customer’s one-year agreement, a new fixed bill quote is calculated by analyzing the customer’s most recent gas usage profile, and the process starts over from there. Nicor Gas residential customers can receive individual fixed bill quotes and sign up for the program online at www.nicorservices.com or by calling 1 866 FIX-BILL (1 866 349-2455).

February 26, 2002