EL PASO, Texas – June 14, 2006 -- Texas Gas Service customers will continue to see lower gas bills during the month of June. Texas Gas Service customer's costs will be 1 percent less than in June 2005, based on an average residential consumption of 20 ccf (one hundred cubic feet). Gas costs in June are $.60099 per ccf compared to June 2005's price of $.58998 per ccf.
"We offer our customers even more opportunity to lower their bills through our average billing plan," says Richard Fleager, Texas Gas Service vice president, Western Region.
Texas Gas Service created the average billing plan, or ABC Plan, to help its customers budget their natural gas payments throughout the year. The initial ABC payment is calculated by averaging the customer's gas bill over the previous twelve months. It is reviewed twice a year to make any adjustment upward or downward. The ABC plan makes billing predictable and easy on the customers' budgets. For additional information customers can call (915) 562-8411.
Texas Gas Service does not profit from the cost of gas. Texas Gas Service charges its customers the same price it pays for natural gas, making the cost of gas a true "pass through" cost. Texas Gas Service changes the cost-of-gas factor each month to reflect current market conditions.
Texas Gas Service provides natural gas service to approximately 565,000 customers in the state of Texas, including customers in Austin, El Paso, the Gulf Coast and the Rio Grande Valley. Texas Gas Service is a division of ONEOK, Inc. (NYSE: OKE), a diversified energy company. ONEOK is the general partner and owns 45.7 percent of ONEOK Partners, L.P. (NYSE: OKS), one of the largest publicly traded limited partnerships, which is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation's premier natural gas liquids (NGL) systems, connecting much of the natural gas and NGL supply in the mid-continent with key market centers. ONEOK is among the largest natural gas distributors in the United States, serving more than 2 million customers in Oklahoma, Kansas and Texas. Its energy services operation focuses primarily on marketing natural gas and related services throughout the U.S. ONEOK is a Fortune 500 company.
For more information, visit the Web sites at www.texasgasservice.com or www.oneok.com.
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