What commissions need to learn. <br>What LDCs should already know.
Natural Gas Hedging: A Primer for Utilities and Regulators
What commissions need to learn.
What LDCs should already know.
The facts are now in. If utilities had hedged their natural gas purchases during the 1990s, they could have earned windfalls for those they serve, given the wild price gyrations of the past decade (). Yet few if any households or businesses saw any windfall, because few utilities were engaged in futures and other derivatives markets.