Surviving Energy Prices

Description

Swift fluctuations in the energy markets often have a brutal effect on the company bottom line. In his concise and comprehensive book, hedging guru Peter C. Beutel gives readers the tools they need to play the energy price volatility game and win.

Energy prices have been at the center of the news in this new millennium. Swift fluctuations in the energy markets often have a brutal effect on the company bottom line. In his concise and comprehensive book, hedging guru Peter C. Beutel gives readers the tools they need to play the energy price volatility game and win. Using a nontechnical style for quick reading, Beutel distills a lifetime of trading into simple concepts that can be used to get companies off the baseline and into the game—which they are now playing and sometimes losing.
Surviving Energy Prices will benefit professionals in any industry suddenly faced with understanding the energy business—airlines and railroads to aluminum and steel smelters; reporters and brokers to manufacturers and heating oil distributors; entry-level energy employees to legislators and municipal energy buyers; fleet operators, utility traders, landlords—the list goes on.
Key Features & Benefits:
Understand why, when, and how to use different instruments to hedge
Develop a sense of the forces that affect price and how to master them
Learn to interpret price charts quickly
Quickly master trading jargon

The New Volatility
Understanding Hedging
Different Kinds of Risk
Wet Barrel Programs
Understanding Futures & Options
When to Use Futures & Options
Bank Swaps and Inventory Financing
Timing
Fundamental Analysis
Technical Analysis
Seasonal Tendencies & Market Psychology
Trading Adages, Good and Bad
Glossary of Terms

Every time we turn around, energy prices have moved, often dramatically. As I am finishing this book, we have just seen the highest gasoline and crude oil prices ever. The economy is growing today. But, ultimately, an improving economy could push the prices for energy so high that they cripple or maim the growth that caused them in the first place. Since the 1970’s, energy prices have had a very direct impact on the American economy. We have to expect that to be the case, at least to some degree, as we move forward.
I have written this book in the hope that it can help educate a new generation of business people who have discovered, to their great horror, that changing energy costs can have a gargantuan effect upon their companies’ bottom lines. Even if you never intend to hedge, you should be aware of the elements that can affect your bottom line.
My company, Cameron Hanover, publishes a daily report on changing energy market conditions. If you would like to learn more, you may call me directly at (203) 801-0771, or you may visit our website at www.cameronhanover.com.

Additional information