NY utilities have plenty of natural gas for winter
Posted at: 10/19/2012 8:58 AM
By: Associated Press
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ALBANY, N.Y. (AP) - New York regulators say utilities won't have any problem supplying natural gas this winter and consumers can expect a price break.
The Public Service Commission said Thursday there's enough gas and delivery capacity to meet the demands of a severe winter.
It also says the price of gas is expected to be 12 percent lower than last season because of earlier utility purchases and price hedging.
There are almost 4 million natural gas heating customers in New York.
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