RE:RE:Altagas mid-stream facilities bttmfischer wrote: If I understood the hedging process you described in your post, it is a rather sophisticated insurance against cathastrophic losses, not as a means of making profit.
If you look at it from a midstream point of view, meaning you own pipelines or means of transportation to get nat gas or propane from point A to point B, what you do is you hedge the price at both point A and B at the same time which guarantees a spread between those points (and your profit). That's how energy marketers make their money, in general.