Beware

“Buyer Beware” is still a good motto for gas buyers looking for win-win natural gas portfolio management results, according to a panel of industry marketing/trading representatives speaking Thursday at GasMart 2007 in Chicago.

The Commodity Futures Trading Commission (CFTC) on Tuesday warned the public to beware of claims that damage caused by Hurricane Katrina will bolster the profitability of trading in crude oil, unleaded gasoline, heating oil, natural gas or other commodity futures or options.

This summer will not be a particularly hot one, but there is a chance that there will be some extensive heat waves in specific regions, especially in the West, New York and New England according to a national weather assessment by esteemed energy weather forecaster Jon Davis of Salomon Smith Barney. The SSB forecast, which takes into account Sea Surface Temperatures (SST), precipitation outlooks and soil moisture, as well as historical data, raises new hurdles for an already crippled California.

This summer will not be a particularly hot one, but there is a chance that there will be some abnormal heat waves in specific regions, especially in the West, New York and New England according to a national weather assessment by esteemed energy weather forecaster Jon Davis of Salomon Smith Barney. The SSB forecast, which takes into account Sea Surface Temperatures (SST), precipitation outlooks and soil moisture, as well as historical data, raises new hurdles for an already crippled California.