The Public Service Commission has finished its review of the way Missouri’s natural gas companies have bought heating gas supplies for winter. The PSC had asked natural gas utilities months ago to be careful in how they bought the gas they’d sell this winter for heat. PSC Energy Director Warren Wood says some companies have paid less and some have paid more, but customers are sure to pay more to heat their homes this winter. Although some utilities have paid as much as 14% less for their winter supplies than they did for their summer supplies of gas, the prices are still more than the wholesale prices they paid for last winter’s supply. Whether a consumer is closer to the 10% increase than it is to the 25% increase depends on whether their utility paid 14% less or 17% more to get the gas it will sell.
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