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9781593702410 Academic Inspection Copy

Surviving Energy Prices

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Energy prices have been at the center of the news in this new millennium. Swift fluctuations in the energy markets often have a brutal effect on the company bottom line. In his concise and comprehensive book, hedging guru Peter C. Beutel gives readers the tools they need to play the energy price volatility game and win. Using a nontechnical style for quick reading, Beutel distills a lifetime of trading into simple concepts that can be used to get companies off the baseline and into the game--which they are now playing and sometimes losing. Surviving Energy Prices will benefit professionals in any industry suddenly faced with understanding the energy business--airlines and railroads to aluminum and steel smelters; reporters and brokers to manufacturers and heating oil distributors; entry-level energy employees to legislators and municipal energy buyers; fleet operators, utility traders, landlords--the list goes on. Key Features & Benefits: * Understand why, when, and how to use different instruments to hedge * Develop a sense of the forces that affect price and how to master them * Learn to interpret price charts quickly * Quickly master trading jargon
Peter C. Beutel is president of Cameron Hanover, an energy risk management firm in New Canaan, Connecticut. He has worked for a number of trading and brokerage firms, including EF Hutton, Gill & Duffus, Donaldson, Lufkin & Jenrette, Elders IXL, and Merrill Lynch. As publisher of the Cameron Hanover Daily Energy Hedger report, Beutel has been quoted by every major wire service and financial publication, including Dow Jones, Associated Press, Reuters, Bloomberg, The Wall Street Journal, The New York Times, Barrons, Financial Times, BusinessWeek, Money, Fortune, and USA Today. He has been seen regularly as a trading and energy price consultant on CNN, CNBC, ABC, CBS, NBC and Bloomberg, and heard on radio stations across the U.S.
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