October 7, 2009
NRECA and several other electric power and natural gas utility trade associations sent a statement to the House Financial Services Committee urging that pending legislation allow utilities to continue using derivatives hedging to provide price stability. The statement, submitted as the committee held a hearing on derivatives regulation, emphasized that electric co-ops and other utilities, as end-users of natural gas and other fuel inputs, need this financial tool to provide stable and affordable power for their consumer-owners.
Supporting organizations:
America’s Natural Gas Alliance
American Exploration and Production Council
American Gas Association
American Public Gas Association
American Public Power Association
Edison Electric Institute
Electric Power Supply Association
Independent Petroleum Association of America
Interstate Natural Gas Supply Association
Large Public Power Council
National Rural Electric Cooperative Association
Natural Gas Supply Association
U.S. Oil & Gas Association
Documents