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Gas prices may stay steady with new natural gas supplies
Minnesota Gas Co. president Paul W. Kraemer says lifting federal controls on new natural gas could keep consumer prices at about 6 to 8 percent annually. Vice president John W. Fleet predicts possible price relief within years with active exploration. Kraemer opposes Carter's production ceiling. both executives see ample reserves near existing fields and on the continental shelf. Minnegasco expands with new LNG plant, peat gasification study, and regional development plans.
MENTIONED IN THIS ARTICLE
John Lundquist
Associated Press
Minneapolis
Minnesota Gas Co
Minnegasco
Paul W. Kraemer
Kraemer
John W. Fleet
Carter
Central Telephone and Utilities Corp
Center
Nebraska
South Dakota
Rock Rapids
Iowa
Minnesota
Waterville
Minneapolis-St.Paul
Twin Cities
Kraemer Minnegasco
Energy Research and Development Administration
ERDA
Northern Natural Gas
Public Service Commission
PSC
United States
Emer