There's No Time Like the Present

摘要

The natural-gas supply in 2011 is expected to far exceed demand, which portends lower natural-gas prices and less uncertainty over natural-gas prices this year. That's good news for operations executives and plant managers responsible for managing their facilities' energy costs. But Tim Statts, vice president of risk management for Summit Energy, a Louisville, Ky.-based consulting firm that provides energy-management and sustainability services, cautions that manufacturers shouldn't get too complacent about energy-management strategies such as hedging.