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To: excardog who wrote (82554)12/23/2000 1:10:14 PM
From: JagBrad  Respond to of 95453
 
add RE: Hedge Buyers

It would seem to me the buyers are going to be the the local utilitys. In my area of Northeast Ohio we have Dominion Gas (the original local gas co.) selling @9.05cfm and now we have deregulation sellers selling @ 4.87cfm .
I just recieved my last 9.05cfm bill and next month my gas will be billed at 4.87 from First Energy. I am sure they are all buying all the low hedges they can.
I hope they bought enough.

Brad