Energy end-user hedging: BASF's Gonzalez

End-users can't just react at the last minute to spikes in volatility, says Gonzalez, but should build their positions up slowly over time. End-users should take a view of the market when designing their hedges, according to Gonzalez, although this could affect a firm's regulatory status in the future. See the June edition of Energy Risk for a full report on Energy Risk USA 2011, and keep logging on here for more videos from the conference.