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Hughes said there was a good reason for those decisions, and suggested they might still prove beneficial. “Sen. Watermeier talked about how cheap the price of natural gas has gotten. Is it going to stay there? Maybe. We live in a capitalistic society – it’s supply and demand. And the more demand there is, the higher the price will be,” Hughes said. “The reason Nebraska invested in coal is that we are the closest state to Wyoming, that has tremendous amounts of coal. That freight advantage is why we invested in coal. And that freight advantage is not going to go away,” he added. Senators rejected an amendment by Wayne that would have limited the information that public power districts could keep private to their bids offering power to the regional Southwest Power Pool.
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