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Petroldread

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Is There a Squeeze Coming in for Energy Supplies?

There's an awful lot of people trying to get available supplies of gas, which have pushed up the price. And some of the smaller ones who haven't done what we call hedging, buying the electricity and gas they need in advance at a fixed price, are extremely vulnerable right now. Many more of them may go out of business. As we were hearing from the boss of iceland the other day, there, everyone's hedging these days. He was saying people are hedging their christmas turkeys by buying them early to make sure they don't go up in price or run out. Caniver rond christmas time? Well, yes. The air does sound like there

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