User's Guide to Natural Gas Purchasing and Risk Management

The planning which users must now undertake if they are to properly manage their natural gas purchases has become quite complex. This book explores the evolution of market changes and helps the reader understand ways to make the buying process most economical and beneficial. It is intended to assist the user in mastering new natural gas purchasing and risk management methods. The text includes contributions from many of the nation’s top industry experts. The full scope of effective gas purchase management is covered, with topics including developing a purchasing strategy, the gas marketing process, critical elements of natural gas contracts, retail energy contracts, the gas futures market, fuel and cost management strategies, effective use of gas supply aggregation, the impact of FERC Order 636, and important environmental considerations relative to natural gas.