North America’s damaged energy trading industry appears to be on the mend at mid-year 2004, as industry players old and new realize the fundamental need for risk management. Some of the names that figured prominently three years ago as the merchant sector began to collapse still remain in NGI’s Top 20 North American Gas Marketer Ranking. However, some shakeout continues as new players with substantial financial wherewithal step forward.
Mend
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Energy Merchant Sector Rebuilding Trust, Creditworthiness
North America’s damaged energy trading industry appears to be on the mend at mid-year 2004, as industry players old and new realize the fundamental need for risk management. Some of the names that figured prominently three years ago as the merchant sector began to collapse still remain in NGI’s Top 20 North American Gas Marketer Ranking. However, some shakeout continues as new players with substantial financial wherewithal step forward.
September 16, 2004