The volatility is a challenge for all market participants. I know the producers that hardly did any hedging years ago are doing some; the producers who were doing a little bit are doing more; and there are some real sophisticated ones out there that do quite a bit of hedging.

Griff Jones

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I think it's caused (producers) to be more disciplined about locking in future prices. But even that creates a whole new realm of issues that they have to deal with, specifically, margin calls.

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