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What is Nicor Gas doing to manage fluctuations in natural gas prices?

April 26, 2017doing fluctuations manage natural gas nicor gas prices

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What is Nicor Gas doing to manage fluctuations in natural gas prices?

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1. Natural gas is a commodity, so prices fluctuate based on several factors. We have taken action to help lessen the impact of market prices by filling our underground storage fields during summer months when gas prices have typically been lower, using financial purchasing instruments and hedging. Taken together, these actions account for about three-quarters of the gas needed for this winter.