Joe LeBlanc:Taking a rare energy position

摘要

oe LeBlanc was a 25-year energy trading veteran with experience trading and hedging in both the physical and futures markets when he was cajoled by a former colleague to teach a course in energy trading at Tulane University's A. B. Freeman School of Business. The next year, he became a full-time professor and went about transforming the program and facility into something appropriate for a high-end hedge fund or institutional energy trading desk. It's no surprise, as LeBlanc's experience was forged during the apex of modern energy trading following the deregulation of energy markets in the early 1990s. As commodity risk manager for The Louisiana Land and Exploration Company he integrated trading and hedging principles into every aspect of the company at a time the market was moving from 30-year fixed price contracts to numbing volatility and deregulated utilities as well as markets.