Mr. Barone: I have a rather extensive coverage list. I am responsible for the pipelines, several of the major gas distribution companies, the independent power producers and all of the energy master limited partnerships. In addition, I was recently given responsibility for the electric utility group.
TWST: How important is natural gas in the energy sector as a
whole?
Mr. Barone: I firmly believe that natural gas is vital for US
economic health. It is the major fuel for residential heating and
is also very significant for commercial and industrial heating.
More recently, natural gas is becoming an increasingly important
fuel for power generation ' by far the bulk of new power plants
under construction or planned will be gas-fueled. Also, it is a
vital building block for the economy as natural gas liquids are
used in a myriad of basic products.
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