68589--3/11/2009--QUESTAR_GAS_CO

related topics
{gas, price, oil}
{operation, natural, condition}
{capital, credit, financial}
{condition, economic, financial}
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 operations 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. Questar Gas is dependent on Questar s bank credit facilities and continued access to capital markets to successfully execute its operating strategies The severe economic recession increases credit risk. Questar Gas s revenue and cash flow is derived from assets that are concentrated in the Rocky Mountain region. Questar Gas is subject to complex regulations on many levels Questar Gas may be exposed to certain regulatory and financial risks related to climate change FERC oversees natural gas marketing. State agencies regulate the distribution of natural gas. General economic and other conditions impact Questar Gas s results

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