Janet Lawrence, our in-house Product Developer, found this article in The Calgary Herald from earlier in the month which provides a sound rationale for why “Hedging May be Best Strategy for Oil Producers”. A story like this sure stopped me in my tracks. It has to do with the barrel price rising back to US$75 due to a confluence of factors including OPEC's ongoing interests and behavior as well as the depth and length of the current global recession.Once you've had a chance to read, let me know if you and others are poised to sell forward when the time is right and if your staffs have the right tools and instinct to do so?
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