

In 2008, energy prices took a wild ride. Natural gas prices spiked in the summer, reaching $14/MMBtu. Dire predictions for winter heating costs followed. But the price of natural gas fell by the late fall more quickly than they had increased after demand for energy dropped sharply with the onset of the worldwide economic crisis. By August 2009, the price of natural gas had reached seven-year lows. Nationwide, the use of electricity has fallen for two consecutive years for the first time in memory.
The Obama Administration is shepherding major energy, climate change, and financial reform legislation through Congress. Speculation and price manipulation are being shouted in the halls of Congress. The Federal Energy Regulatory Commission has stepped up enforcement efforts and instituted new compliance requirements.
Miller, Balis & O'Neil, P.C. attorneys understand what is happening in these turbulent times. They bring a wealth of detailed energy industry and regulatory experience to any discussion. That experience helps to assure that the interests of energy consumers-whether big or small-are not ignored in Washington or at the bargaining table.