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Weather Hedging.(cooling degree days data)(Brief Article)(Illustration)

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| June 01, 2003 | COPYRIGHT 2003 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
 
Weather Hedging: 
 
Chicago Mercantile Exchange Weather Futures Prices 
 
Each Degree Day valued at $100 per contract 
 
                          HDD                   Cooling  Degree Days 
 
Location          April     April       June     July           Aug 
 
Atlanta, GA        125       245         365     493            450 
Chicago, IL        523        60         175     290            235 
Cincinnati, OH     294        70         218     330            295 
Dallas, TX          55       397         493     648            645 
Des Moines, IA     389        53         200     335            285 
Las Vegas, NV      115       315         625     830            810 
New York, NY       479        57         248     400            365  ...
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Newspaper article from: The Oil Daily June 8, 2004 700+ words
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Cooling Degree Days For the week of June 21, 2008 Week Dev Cum Dev From From From Week...Based on 1951-92 norms. 'Dev' is actual difference in number of degree days, while 'Pct' is percentage difference as figured by Climate Analysis...
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