March 2006 - Riding the rollercoaster

If there was ever any doubt previously, the past year has confirmed what most readers of Energy Risk have been aware of for years: managing price volatility risks in the energy sector is not for the faint of heart!

Nine months ago, no-one could have predicted the unprecedented rollercoaster ride the US natural gas market has experienced. Firstly, prices broke $10 per million British Thermal Units (mmBtu) in August, before the first major hurricane hit the Gulf of Mexico. The following weeks saw

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