Ringing in the new year, UtiliCorp United announced that itcompleted its $190 million merger with St. Joseph Light & Power onDec. 31, 2000. The union, which has experienced a bumpy ride since itsinitial announcement in March 1999, creates Missouri’s fourth largestgas distributor and third largest electricity distributor (see DailyGPI, March 8, 1999).
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Prices, Depletions Hindering GOM Supply Growth
While no one is ringing the alarm bell and shouting about asupply crunch, near-term Gulf of Mexico gas supplies are expectedby many to suffer from depletions and diminished drilling due tolow prices.
March 15, 1999
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