68589--3/11/2008--QUESTAR_GAS

related topics

{gas, price, oil}

{operation, natural, condition}

{capital, credit, financial}

{regulation, change, law}

Investors should read carefully the following factors as well as the cautionary statements referred to in Forward-Looking Statements herein. If any of the risks and uncertainties described below or elsewhere in this Annual Report actually occur, the Company s business, financial condition or results of operation could be materially adversely affected. Risks Inherent in the Company s Business Questar Gas faces the same risks as other local-distribution companies. Distribution operations involve numerous risks that might result in accidents and other operating risks and costs. Cost-of-service natural gas reserves provide a significant portion of gas-supply requirements. Questar Gas is dependent on bank credit facilities and continued access to capital markets to successfully execute its operating strategies State agencies regulate the distribution of natural gas. The Company may be exposed to certain regulatory and financial risks related to climate change General economic and other conditions impact Questar Gas results

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68589--3/11/2008--QUESTAR_GAS_CO