THE WOODLANDS, Tex. - Turbulence in the financial markets sidelined many prepaid natural gas deals this year, but public utilities are lining up billions of dollars worth of bonds to capture discounts on the volatile commodity when conditions improve, officials told The Bond Buyer's third annual Prepaid Energy Contracts conference yesterday.

Among utilities preparing for their first prepaid gas purchase is Colorado Springs Utilities, which has been working on a $600 million deal for more than a year.

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