Dealings in diesel

In the latest in a series of articles in which Energy Risk profiles energy users’ risk management and hedging strategies, Joe Marsh talks to US rail company Amtrakabout how it deals with its fuel exposures

profile2-250-gif
Fuel may represent a far lower percentage of a train operator’s costs than it does of, say, an airline’s, but Amtrak still has a very active fuel price hedging strategy. “We usually hedge 50% of our yearly fuel consumption, with the aim of limitingprice exposure to a maximum of $10 million,” says Raj Srinath, senior directorof corporate finance at the US rail company.

The Washington, DC-based firm, which operates in 46 US states, runs 351 of itstrains with diesel fuel – the other 74, in the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

CTRM systems 2024: market update and vendor landscape

A Chartis report on commodity trading and risk management systems that considers its different applications and addresses the market and vendor dynamics to determine the long-term and structural impacts of the overarching market evolution on the…

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here