Editor's letter – A cry for clarity

Stella Farrington - Editor - Energy Risk

A recent IHS report forecast that the Volcker rule could reduce investment in upstream capital spending in the US natural gas markets by $7.5 billion per year (see the news roundup section), leading to a reduction in supply and higher gas and electricity prices. Underlying these forecasts is the assumption that the ‘anti-speculation’ rule will make it harder for energy firms to access risk management and hedging services, thereby making it more difficult for them to plan upstream capital

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