Business Services Industry

Northern Indiana Natural Gas Costs Are 25 Percent Lower in July than June.

Knight Ridder/Tribune Business News, July, 2002

The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News

Jul. 8--FORT WAYNE, Ind.--Natural gas costs for July are more than 25 percent lower than June, according to the Northern Indiana Public Service Co.

That means that NIPSCO customers will see a decrease in natural gas costs through the company's cost adjustment program. For a typical customer using 50 therms of natural gas, that translates to a decrease of $10.96 this month from last.

Relatively high levels of gas in storage have contributed to the moderation in prices, NIPSCO officials said.

To see more of The News-Sentinel, or to subscribe to the newspaper, go to http://www.FortWayne.com

(c) 2002, The News-Sentinel, Fort Wayne, Ind. Distributed by...

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