Nation

As the nation continues to creep warily forward into natural gasand electricity deregulation on all fronts, Cinergy Corp.understands that in order to take advantage of the full potentialof its companies it must change as well. The company announcedyesterday that it is embracing a new organizational structure thatwill increase the autonomy of its subsidiaries and focus on thegrowing importance of non-regulated markets.

Williams reported last week that one of its units plans toconstruct natural gas-fired electric generating units near Memphis,TN and Las Vegas, NV. The company also reported that it will expandan existing gas-fired power facility located in Hazelton, PA.

With the nation’s attention squarely focused on energy, SenateRepublican leaders are expected to introduce comprehensive energylegislation very soon to tackle the price and supply problems thatare gripping the country.

With the nation’s attention squarely focused on energy, topSenate Republican leaders are expected to introduce comprehensiveenergy legislation very soon to tackle the price and supplyproblems that are gripping the country.

As legislators across the nation continue to log concerns fromtheir constituents about spiking natural gas costs, Ohio is one ofthe states that has decided to launch an investigation. The stateis in the process of developing a special bipartisan committeecomprised of House and Senate members to examine why gas prices areso high.

Have natural gas choice programs taken hold and producedsavings, or is the five-year old concept of offering people achoice of gas suppliers missing its mark?

The Powder River Basin of Wyoming and Montana has become one ofthe fastest growing gas production areas in the nation, maybe eventhe world, but that could change if agricultural interests andenvironmentalists succeed in blocking the issuance of waterdischarge permits by the Wyoming Department of EnvironmentalQuality (DEQ).

Have natural gas choice programs taken hold and producedsavings, or is the five-year old concept of offering people achoice of gas suppliers missing its mark?

Carolina Power and Light Energy (CP&L) realized its goalMonday of becoming one of the 10 largest energy companies in thenation as its acquisition of Florida Progress Corp. (FPC) receivedthe final approval necessary from the Securities and ExchangeCommission.