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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by riverrockon May 06, 2011 3:54am
422 Views
Post# 18538508

Commodities

Commodities
Us commodity types shouldn't worry that much about the recent commodity price fall. Atfirst the stronger dollar might hurt commodities - but then.....Asian anddeveloping country demand should push all commodities higher. Thisshould continue into the foreseeable future.

At the same time astronger US currency could help US demand increase. Maybe the high oilprice was effecting global sentiment and the World's Central Bankersstarted buying dollars to make it look strong and also to cover theirbutts, because, most everyone of them hold too many dollars.

In the long run it is bad, but I believe it gives us commodity types some time before the implosion.

GLTA
Bullboard Posts