Walter Higgins Natural Quotations

We said at the time of the filing that we were hopeful natural gas prices would decline so that we could reduce our rate request. Indeed over the last few months we have seen such decline, resulting in our decision to amend our original request to change our going-forward rates. While we certainly would have liked to see an even larger decline in costs, this is somewhat better news for our customers and we are hopeful the downward trend will continue.

Prices for natural gas have skyrocketed to unprecedented levels across the nation over the past year.