Duke-Piedmont merger could expand natural gas distribution

The leaders of Duke Energy Corp. and Piedmont Natural Gas Co. say their pending merger will create a bigger company with the financial resources to expand distribution of natural gas across the country, reports the Herald-Dispatch in Huntington, West Virginia. Duke Energy CEO Lynn Good recently told North Carolina utility regulators that Duke's $5 billion acquisition of Piedmont could speed the shift away from coal-burning power plants to cleaner-burning natural gas plants. The companies were already working together to build a pipeline to deliver natural gas from West Virginia to North Carolina when Duke announced its planned purchase in the fall of 2015, according to the Herald-Dispatch. For more, read the full story.

National, West Virginia