Gas utility capital investments to increase reliability and replace aging infrastructure have been increasing for five years. This new infrastructure is meant to support expected demand growth and to replace aging systems. But the economy and evolving regulatory landscape present challenges for local distribution companies (LDCs) and others in the gas industry to meet their ambitious infrastructure objectives.

• What are some gas utilities doing now?
• What does Wall Street say?
• What are the implications for gas utilities?

This report addresses these key questions and more.