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Energy Strategies LC to Utilize Kase and Company Inc.’s ezHedge Tool to Help Manage Price Risk of Gas Buyers Cooperative December 20, 2005 -- Energy Strategies LC (www.energystrat.com), managing consultant of Industrial Gas Resource Corporation, will assist members of the natural gas buying cooperative with their price risk management objectives through the use and administration of Kase and Company, Inc.’s ezHedge tool for consumers (www.kaseco.com). The ezHedge tool is a computer based model that provides the subscribing members with a simplified yet systematic method of assessing the forward market for natural gas by comparing it to a distribution of historical prices over an optimal observation period. The method provides for a statistically sound volume and dollar-cost averaging approach to hedging natural gas price risk by generating buy signals for layering in fixed-price hedges when forward prices fall into lower priced historical zones. Lower priced zones result in more frequent hedging and vice versa. “We are pleased to be using ezHedge as an additional tool in our price risk management strategy” said Matt Medura, Sr. Consultant and IGRC Project Manager. “The Kase and Company developed tool provides a sound compliment to our fundamental analysis of the market.” Industrial Gas Resource Corporation is a non-profit Utah corporation formed by its members to share in the costs of professional natural gas procurement, price risk management and market analysis and to take an aggregated volume to the market to obtain economies of scale in supply and delivery costs and spread imbalance risk. Press Contact:Dean Rogers +1 (505) 237-1600 kase@kaseco.com |
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