Exchange of Futures For Physicals: New Market Opportunities for North America (J. Brown & J.C. Whorton, Jr.)

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This paper provides an overview of the emerging market for North American natural gas futures that was developing during the early 1990s. The auth... (More) This paper provides an overview of the emerging market for North American natural gas futures that was developing during the early 1990s. The authors provide an overview of natural gas futures and their use as a risk management tool. Topics discussed include exchange of futures for physical (EFP) and alternative delivery procedures. (This article by Jerry E. Brown and J.C. Whorton, Jr., “Exchange of Futures For Physicals: New Market Opportunities for North America,” was published as Occasional Paper 21. Boulder, Colorado: The International Research Center for Energy and Economic Development, 1993. ISBN 0-918714-38-9). (Less)