IssueAlert
Patrick ReamesVP - Energy Trading and Risk Management
"Real Time" trading has always been viewed as the ultimate goal for commodity trading organizations.  The appeal is obvious; if you know your true and correct position at any given moment, you can judge the value of any bid or offer against that position allowing you to execute […]

It seems the IPO went very well, raising about $25.5 million US.  They say the money will be used to “fund acquisitions, develop a green credits platform, retire outstanding debt, grow its channel partner base, target other energy-related markets, target utilities and expand its government relationships.”
 Could be very interesting.

I have to admit, I wasn’t aware of these guys…World Energy Solutions, Inc.  But, given this press release announcing their IPO, it appears they have been very successful in creating a reverse auction marketplace for industrial/retail power.  They have also started similar markets for natural gas and green-power.  They look like a company and a business model that deserves some […]

I just couldn't let this one pass without noting it... 
A former Ministry of Defense chief in Britain says "aliens could attack at any time"!  No kidding.  He really believes that.  
This guy, Nick Pope, until last week headed up the Ministry of Defense's UFO project.  When he first started, he didn't believe in UFO's.  However, he […]

Several years ago, when I was trading natural gas for Amerada Hess, you had basically one channel on which to do business, the phone.  At that time, Altra was starting to get traction with the on-line exchange concept, but their contract was so onerous that it was limiting their acceptance (the contract at that time literally demanded that you stand in […]