Quotations
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Chuck Seel Quotes
«If X percent comes out of storage and that's $10 gas, and X percent is hedged and that's $12 gas, and X percent is market gas and that's $10 gas, they blend those prices together and that's how they come up with the purchased gas cost that they pass through to customers.»
Author: Chuck Seel
«The upside/downside risk of storing and hedging is that the market might come down below the price of what you're committed to. That's why [utility companies] don't go out and commit 100%, because they can't predict. The weather ... is not a science.»
Author: Chuck Seel
«It sounds like the gas situation has caused this to become a blossoming industry nationwide.»
Author: Chuck Seel