The Winfield City Commission met on Thursday night to declare a local State of Financial Emergency due to the unprecedented natural gas pricing that occurred beginning Feb. 12 thru approx. Feb. 19. We have no immediate supply concerns and the current daily index has returned to previous lower norm pricing around $2.70/MMBtu. Just a week ago prices were over $400/MMBtu. We continue to gather the scope and full impact of the extreme pricing. We are fighting the pricing battle everyday. Whatever the amount, we will not be sending homeowners and businesses unpayable bills. We will work with our customers just as we have for nearly 150 years.
Source: Cowley CourierTraveler
