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Laclede Gas is Doing Just Fine Thanks

Capitalism and Politics

Posted by The Editor on 30 Jan 2009
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If you live in reach of Laclede Gas and you pay their rates you’re going to love this.  I mean you’re really going to love this! 

From BizJournals.com article “Laclede Q1 profit up 50%” [emphasis mine]:

Laclede Gas, the company’s core unit, saw its earnings rise 2.5 percent to $16.2 million in the recent quarter. The company attributed the increase to higher income from natural gas sales due to colder weather and higher surcharge revenue, offset by higher operating expenses and investment losses.

So…

Interview Guy: “Wow, you guys did pretty well in the first quarter, why do you think that is?”

Laclede PR: “We’ve been charging a lot more for gas.”

Interview Guy: “Huh.  I guess that would do it.”

Look at the stones on you Laclede.  Seriously, thats basically exactly how it went down!  Are you freaking kidding me?  Wow.

Ok, I think I have a few pitchforks…anyone want to supply the torches and meet by the old mill around 9p tomorrow?


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