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Users oppose pegging gas rates to oil

Journal Article · · Energy User News; (United States)
OSTI ID:6775166
Several large gas users in the Chicago area are against the proposal to peg natural gas rates to No. 6 fuel oil because they fear gas prices will rise with oil prices even if pipeline gas prices go down. The alternate fuel-adjustment (AFA) clause reflects the fact that gas prices are approaching those of oil as well as gas utility fears that they will lose customers. The Illinois Commerce Commission expects to reach a decision on AFA by the end of the year. Intervenors claim that the complexity and associated costs will negate any benefits to users. (DCK)
OSTI ID:
6775166
Journal Information:
Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:33; ISSN EUSND
Country of Publication:
United States
Language:
English

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