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U.S. Department of Energy
Office of Scientific and Technical Information

Big gain seen for gas futures trading on Nymex

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:6993372
This paper reports that trading of natural gas futures contracts on the New York Mercantile Exchange could easily double in 2 years, says Nymex Pres. R. Patrick Thompson. Interest in heating oil contracts also may increase. He explained that more states are using that contract to limit their outlays for heating oil. And the energy bill requires the Department of Energy to study possible use of futures and options to protect federal appropriations for low income home heating oil assistance programs from price surges.
OSTI ID:
6993372
Journal Information:
Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:44; ISSN OIGJAV; ISSN 0030-1388
Country of Publication:
United States
Language:
English