Hedges Pay Off for Gas Producers.Crackdown on Energy Speculators a Concern As Locked-In Prices Help Earnings.
Had the company, Chesapeake, not been able to lock in gas sales to offset the risk of falling prices, a $3.75 billion investment leading to the 2008 discovery of prolific new gas supply in Louisiana "would not have been possible," Mr. Chambers contended.
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