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bz_bz_bzyesterday at 6:45 AM1 replyview on HN

You haven't explained what any of that has to do with gas trading profits. HSC didn't go to $400/MMBtu because of ERCOT.


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whatever1yesterday at 7:18 AM

If I was one of the last standing gas fueled energy producer / gas distributor with an energy price of $9k/MWhr I would take any gas price to ensure that I have the last available drop of gas.

The sky high energy price and the collapse of gas supply were the fundamental price drivers. The alternative scenario is that the gas market players were just price gouging. Pick what you want.

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