Key US pipeline firm goes down the tubes

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Key US pipeline firm goes down the tubes

机译：美国主要管道公司破产

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SemGroup, the largest privately held US midstream firm, has filed for bankruptcy after registering 3.25bn in losses on futures and over-the-counter trading. The rapid decline of SemGroup's financial position since mid-July culminated in several counterparties terminating deals with the firm, locking in further losses.

机译：美国最大的私营中游公司SemGroup在期货和场外交易亏损32.5亿美元后，已申请破产。自7月中旬以来，SemGroup的财务状况迅速下滑，最终导致多个交易对手终止了与该公司的交易，从而锁定了进一步的亏损。

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《Argus Global Markets 》 |2008年第29期| 共1页
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1. Key US pipeline firm goes down the tubes [J] . Argus Global Markets Group Argus Global Markets . 2008 ,第29期

机译：美国主要管道公司破产
2. National Fuel Gas Supply and Empire Pipeline -- the companies that comprise the pipeline and storage segment of National Fuel Gas -- have reached key milestones on two pipeline expansion projects that are the first in the industry designed to receive natural gas produced from the Marcellus Shale and transport it to key markets in Canada and the Northeast US. [J] . NGWs Gas Market Reconnaissance Group NGW's Gas Market Reconnaissance . 2010 ,第Apra28期

机译：国家燃料气体供应和帝国管道（组成国家燃料气体的管道和存储部门的公司）已在两个管道扩展项目上达到了重要里程碑，这是业内第一个旨在接收马塞勒斯页岩生产的天然气的项目并将其运输到加拿大和美国东北部的主要市场。
3. House Representative Terry Circulates Draft Keystone Pipeline Approval Legislation; House Committee Cites Report Comparing the Delays of the 1973 Alaska Pipeline to Keystone XL, Suggesting that Only Congress Can End the Delays; Similar Legislation Proposed in Senate [J] . Foster Natural Gas Report Group Foster Natural Gas Report . 2013 ,第2941期

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7. We analyze, in this paper, a DSGE New Keynesian model with indi- visible labor where firms may belong to two different final goods producing sectors one where wages and employment are determined in competitive labor markets and the orther where wages and employment are the result of a contractual process between unions and firms. Bargaining between firms and monopoly unions implies real wage rigidity in the model and, in turn, an endogenous trade-off between output stabilization and infla- tion stabilization. We show that the negative effect of a productivity shock on inflation and the positive effect of a cost-push shock is crucially determined by the proportion of firms that belong to the competitive sec- tor. The larger is this number, the smaller are these effects. We derive a welfare based objective function as a second order Taylor approxima- tion of the expected utility of the economy's representative agent and we analyze optimal monetary policy. We show that the larger is the num- ber of firms that belong to the competitive sector, the smaller should be the response of the nominal interest rate to exogenous productivity and cost-push shocks. If we consider, however, an instrument rule where the interest rate must react to inflationary expectations, the rule is not af- fected by the structure of the labor market. The results of the model are consistent with a well known empirical regularity in macroeconomics, i.e. that employment volatility is larger than real wage volatility. [O] . Lorenza Rossi, Fabrizio Mattesini 100

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Key US pipeline firm goes down the tubes

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