J. Stephen Gaske, Senior Vice President, has more than 30 years of experience as an economic consultant, researcher, and professor in the fields of public utility economics, finance, and regulation. His specialty is the application to regulated industries of inter-related principles from economics, finance and regulatory theory.  His areas of expertise include: finance, cost of capital, and risk analysis; rate design, cost allocation, cost of service, and pricing of services; energy markets and the economics of public utilities and energy infrastructure; competition and antitrust principles; and regulatory and energy economics, rules, and policies.  Dr. Gaske has provided consulting services in more than 300 regulatory, antitrust, tax and civil proceedings.  In addition, he has presented expert testimony in more than 80 state, provincial and federal regulatory commission hearings in Canada, the U.S. and Mexico. He has served as an advisor to numerous regulated companies and has authored many studies on behalf of utilities, associations and government agencies.  His work has included projects involving: most of the major natural gas pipelines in North America; many electric utilities; many natural gas distribution companies; several major oil pipelines; railroads; postal service; telephone and satellite telecommunications companies; and  sewer and water companies.  He has been a lecturer at electric rate courses sponsored by the Edison Electric Institute and natural gas rate courses sponsored by the American Gas Association.  He has taught college courses in Public Utility Economics, Transportation, Physical Distribution, and Accounting.  As an Associate Professor of Finance he taught courses in Financial Management, Investments, Corporate Finance, and Corporate Financial Theory.  Prior to joining Concentric, Dr. Gaske was the President of H. Zinder & Associates.  He earned a Ph.D. from Indiana University School of Business, an M.B.A. from George Washington University, and a B.A. from the University of Virginia.