Williams sees lower income from hurricane damages (AP)

TULSA, Okla. (AP) -- Natural gas processor and transporter Williams Cos. said Friday hurricanes that battered the Gulf Coast in September will reduce segment earnings by $50 million to $70 million. The Tulsa, Okla., company said Hurricanes Ike and Gustav caused damage that led to production downtime and required repairs. The company said one processing plant is still offline and other facilities are running at reduced... [read full story]