Upstaged

Labor Dispute Overshadows Nevada PUC Gas Price Hearing

A union dispute over proposed pension fund changes at Nevada Power Co. upstaged a Nevada Public Utilities Commission (PUC) meeting with consumers in Las Vegas Tuesday. The meeting had been called to discuss the prospects of higher natural gas prices and their impact on retail utility electric rates for Nevada Power and the other Sierra Pacific Resources’ utility, Sierra Pacific Power Co.

July 18, 2008

Futures Fall as Economic Concerns Trump Colder Weather Forecasts

February natural gas futures shot lower Tuesday as some market watchers hypothesized that the slumping U.S. economy upstaged colder-than-expected temps in near-term weather forecasts. The contract recorded a low of $8.080 before closing out Tuesday’s session at $8.196, down 15.7 cents from Monday’s finish.

January 16, 2008