Classifieds Business Directory Jobs Real Estate Autos Legal Notices ePubs Subscribe Archives
Today is July 30, 2014
home newssports feature opinion fyi society obits multimedia

Front Page » January 17, 2006 » Local News » Huntsman calls for federal agencies to initiate natural g...
Published 3,116 days ago

Huntsman calls for federal agencies to initiate natural gas prices investigations


Print PageEmail PageShareGet Reprints

Gov. Jon Huntsman has formally requested federal investigations into market prices for natural gas.

In letters sent last week, the Utah governor called on the United States Senate and several federal regulatory agencies initiate investigations into whether market manipulation of gas prices is occurring.

The agencies included:

•The U.S. Federal Energy Regulatory Commission.

•The U.S. Commodities Futures Trading Commission.

The wholesale price of natural gas has more than doubled during the past year, according to the Utah governor's office. And consumers residing in Utah and locations across the nation are suffering the financial effects associated with shouldering the additional costs.

Utah's businesses and citizens alike are facing the drastic financial impacts of the increases.

The state's sustained economic growth is at stake.

"The U.S. Energy Information Administration indicates that there are adequate gas supplies for this winter, despite hurricanes and cold weather in some parts of the nation; yet prices continue to rise," pointed out Huntsman.

"I am concerned that manipulation could be occurring. I am asking our federal regulators, who are tasked with monitoring the markets, to ensure that they are working properly and in the best interests of consumers of natural gas," concluded the Utah governor.


Print PageEmail PageShareGet Reprints


Top of Page


 
Web Poll  
April 24, 2014
Do you think armed militia and individuals should have joined the protest last weekend concerning the removal of the cattle owned by Cliven Bundy from BLM land in Southern Nevada?
Yes
No
Don't know
Don't care

View Results


Local News  
January 17, 2006
Recent Local News
Quick Links
Subscribe via RSS
Related Articles  
Related Stories



Best viewed with Firefox
Get Firefox

© Sun Advocate, 2000-2013. All rights reserved. All material found on this website, unless otherwise specified, is copyright and may not be reproduced without the explicit written permission from the publisher of the Sun Advocate.
Legal Notices & Terms of Use    Privacy Policy    Advertising Info    FAQ    Contact Us
  RSS Feeds    News on Your Site    Staff Information    Submitting Content    About Us