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INVENTORIES
3 Months Ended
Mar. 31, 2014
Inventory Disclosure [Abstract]  
INVENTORIES
Inventories

PGL and NSG price natural gas storage injections at the calendar year average of the costs of natural gas supply purchased. Withdrawals from storage are priced on the Last-in, First-out (LIFO) cost method. For interim periods, the difference between current projected replacement cost and the LIFO cost for quantities of natural gas temporarily withdrawn from storage is recorded as a temporary LIFO liquidation debit or credit. At March 31, 2014, we had a temporary LIFO liquidation credit of $150.9 million. Due to seasonality requirements, PGL and NSG expect interim reductions in LIFO layers to be replenished by year end.