Campaign Watchdog: Claim that Jack Conway allowed utility rate increase ‘false’

October 14, 2010 | | Comments 58

By Bill Estep –

The statement: “(Jack) Conway made hundreds of thousands in dividends from a company linked to a utility Conway allowed to raise rates.”

— Crossroads Grassroots Policy Strategies, in a television ad against Attorney General Jack Conway, the Democratic U.S. Senate nominee.

The ruling: False.

The facts: This is a case of adding two and two to come up with five in suggesting Conway had a conflict of interest. It doesn’t add up.

The issue concerns a rate increase for Atmos Energy Corp., which distributes natural gas to about 172,000 customers in Kentucky.

Atmos moves natural gas through a pipeline in Colorado owned by Kinder Morgan Energy. Conway owns stock in Kinder Morgan and reported getting $263,000 in dividends in 2009 and 2010.

In its Kentucky rate request, Atmos asked for $9.5 million. Conway’s office, which has authority to intervene in utility rate cases to seek lower rates for consumers, negotiated a settlement of $5.95 million.

Aside from the weak link between Atmos and Kinder Morgan Energy, the key problem with the ad is that Conway’s office does not approve utility rate decisions. That authority lies solely with the state Public Service Commission, which approved the settlement for Atmos in May, but could have rejected it.

Andrew Melnykovych, spokesman for the PSC, said this about the claim that Conway allowed Atmos to raise rates: “That statement is just flat wrong.”

Crossroads GPS is an advocacy group affiliated with longtime Republican insiders, including Karl Rove. It has spent hundreds of thousands of dollars trying to defeat Conway in his race against Republican Rand Paul.

Filed Under: Campaign WatchdogElectionsJack ConwayRand PaulUS Senate Race

About the Author:

RSSComments (58)

Leave a Reply | Trackback URL

  1. Tommy Caudill says:

    Obama: End tax breaks to stop overseas hiring

  2. Tommy Caudill says:

    POTUS: “When more things are made in America, more families make it in America; more jobs are created in America; more businesses thrive in America. But Republicans in Washington have consistently fought to keep these corporate loopholes open. Over the last four years alone, Republicans in the House voted 11 times to continue rewarding corporations that create jobs and profits overseas – a policy that costs taxpayers billions of dollars every year.”

  3. Tommy Caudill says:

    Now you know you’re on the wrong side of issues when your own party is denouncing you.

    Hal Rogers ‘disappointed’ with Paul’s stand on drug abuse funding


  4. Campaign Watchdog: Claim that Jack Conway allowed utility rate ……

    Here at World Spinner we are debating the same thing……

  5. Campaign Watchdog: Claim that Jack Conway allowed utility rate ……

    I found your entry interesting do I’ve added a Trackback to it on my weblog :)…

  6. […] Related videos Driving Into Frozen Head State Park Along Flat Fork Road In Morgan County, Tn …11/11/2010Docsfoodplot11/10/2010Fatdoemorgan11/10/2010Morgan Page – Live & Backstage [websiode]11/10/2010Morgan Page – Live11/10/2010More » Related Blogs Campaign Watchdog: Claim That Jack Conway Allowed Utility Rate … […]

  7. cheap ugg uk, cheap ugg boots, ugg boots sale

  8. yiwu fair says:

    Good article, looking more like it, hope you can still see good work.