Remember ALA is buying /selling nat gas and made fractionation to produce propane/butane
How can they fully protect themself in a very rare event as the one we are going througth.
Look at the highlights:
U.S. Natural Gas Prices Climb Most Ever In Single Day
By Julianne Geiger - Jan 27, 2022, 3:57 PM CST - U.S. natural gas futures surged 72% just ahead of expiration of the February contract
- The huge spike in the February contract is a clear sign that bearish bets were being squeezed out of the market
- Cold weather in many parts of the United States have boosted demand for the energy commodity