GREY:CNKEF - Post by User
Comment by
backabockon Jul 31, 2017 8:12pm
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Post# 26531270
RE:Canadian gas almost worthless today.
RE:Canadian gas almost worthless today. Here's the issue: If all companies hedge up to 75% of their production, what happens when consumption falls below 75% normal? You get almost worthless prices and everyone needs to cut back production to their hedging levels.
I'm not sure I understand the intracacies of station 2 pricing, but it seems to be very sensitive.