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“…As a result, growth in the natural gas industry is expected to soar (Fusaro, 1998). Currently, natural gas is being seen as the fuel of choice for power generation worldwide.…”
Section: Discussionmentioning
confidence: 99%
“…As a result, growth in the natural gas industry is expected to soar (Fusaro, 1998). Currently, natural gas is being seen as the fuel of choice for power generation worldwide.…”
Section: Discussionmentioning
confidence: 99%
“…2 Oil and gas companies are price takers in the global market for crude oil. This means that oil and gas companies that do not pursue risk management via hedging or other financial engineering activities can experience erratic or significant energy price volatility, which, in turn could impact their cash flows (Fusaro, 1998). Both oil and gas prices have experienced large variations over the past decades.…”
Section: Introductionmentioning
confidence: 99%
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