Watching Government: Trading places

10/22/2001
Energy markets need more, not less, price transparency. But come January traders may have even less information to go on, creating a higher risk for boom-and-bust price swings at a time when the US craves stability.The American Gas Association earlier this month said it will discontinue its weekly natural gas storage report as of Jan. 2 (OGJ Online, Oct. 12, 2001). The association said it is dropping the survey because assembling it is not cost-efficient for staff or its members.The decision was likely made easier following complaints by some traders and analysts who said recent reporting delays and corrections made the survey unreliable. AGA wants the US Energy Information Administration...
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