PSC Says Natural Gas Costs Likely to Rise in Arkansas

SEPTEMBER 9, 2005 - Posted at 7:58 a.m. CDT

LITTLE ROCK, AR - Arkansans could see a jump of 30 percent to 50 percent in the cost of natural gas because of Hurricane Katrina.

The state Public Service Commission says much of the country's gas supply is from the Gulf of Mexico.  And much of that supply has been interrupted.

The PSC is tracking natural gas prices and expects to be able to offer more accurate predictions later this month.

The hurricane shut down natural gas processing facilities on the Gulf Coast, some of which are flooded and won't return to production for weeks or months.

(Copyright 2005 by The Associated Press.  All Rights Reserved.)