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NYS utilities have plenty of natural gas for winter

By Associated Press

Story Created: Oct 19, 2012 at 10:31 AM EDT

Story Updated: Oct 19, 2012 at 10:32 AM EDT

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.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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