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Stock impact report

Utility responds after deadly gas explosions rock Massachusetts [CBS News]

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: CBS News
LAWRENCE, Mass. -- A utility company says it will work tirelessly to restore service  after a series of gas explosions an official described as Armageddon killed a teenager, injured at least 25 other people and ignited fires in at least 39 homes in three communities north of Boston. The blasts forced entire neighborhoods to evacuate as crews scrambled to fight the flames and shut off the gas. Massachusetts State Police urged all residents with homes serviced by Columbia Gas in Lawrence, Andover and North Andover to evacuate, snarling traffic and causing widespread confusion as residents and local officials struggled to understand what was happening. Early Friday, the utility issued a statement saying its crews need to visit each of the 8,600 affected customers to shut off each gas meter and conduct a safety inspection. Additional support is being provided by crews from several affiliated Columbia Gas companies and other utilities, the statement said. We expect this will be Show less Read more
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