JEFFERSON CITY, Mo. (AP) - State utility regulators have approved a deal combining Missouri's two largest natural gas companies.
The Missouri Public Service Commission on Wednesday approved an agreement that allows Laclede Gas Co. to purchase Missouri Gas Energy.
Laclede Gas serves about 630,000 customers in the St. Louis area and parts of eastern Missouri. Missouri Gas Energy serves more than 500,000 customers in the Kansas City area and parts of western Missouri.
St. Louis-based Laclede Gas announced last December that it would pay about $1 billion to buy Missouri Gas Energy and New England Gas Co.
The deal approved by Missouri regulators bars Laclede Gas from seeking a general rate increase in its current service area until October 2015. But it could seek an immediate rate increase for the Missouri Gas Energy territory.
St. Louis County Police believe a drug deal gone bad is the reason two men were shot late Tuesday night.
Around 11:30 PM officers were called about a shooting in Jennings. Investigators believe a drug transaction was underway when two men standing outside a vehicle decided to rob two other men who were inside a vehicle. One person in the car then pulled a gun of his owner and shot the would-be robbers.
Both of the victims are reported to be 22 years old and hospitalized. No names have been released.
St. Clair County officials say charges could come as soon as Thursday against a teenage driver suspected in a hit and run accident that killed a 9 year old boy last week.
Authorities located 17 year old Kevin Powell earlier Wednesday afternoon. Police started looking for Powell after they found the vehicle believed involved in the accident yesterday.
Nine year old Fabian Teson was hit while riding is bike near Cahokia last Thursday. Teson died at Cardinal Glennon Children's Hospital on Saturday. His funeral is set for Thursday, one week after he was struck.