Gas producers hedge bets on 2010 commodity prices

摘要

Natural gas producers are hedging their bets on 2010 commodity prices. The E&Ps covered by Morgan Stanley's Stephen Richardson, senior oil and gas analyst, have so far hedged about 7 billion cubic feet per day (Bcf/d) of 2010 production-about 34%-compared with 5.5 Bcf/d or 23% at this time last year.