New Natural Gas Pipeline
AmerenUE said they expect the new supply of natural gas to lower customer's gas bills.
"Our actual cost of natural gas is flowed through to our customers dollar for dollar with no mark up. So any savings we see from this pipeline or this new supply in Missouri will directly benefit our customers dollar for dollar," said AmerenUE Vice President of Gas Supply Scott Glaser.
The 1,600 mile pipeline will transport the gas from the Rocky Mountains to Ohio. From there it will go through northern Missouri from Buchanan County to Pike County.
REX said it believes this is important for the rest of the country as well.
"It's not going to be affected by overseas issues in the Middle East, it's not going to be affected by weather down by where Hurricane Katrina hit. It is going to be a safe and reliable, domestic source of energy for the country," said Rockies Express Pipeline Spokesman Allen Fore.
This is the largest natural gas pipeline constructed in the last 20 years. The western half of the pipeline is scheduled to open in January 2008 followed by the eastern half in late 2008.