Energy is a Risky Business: New Risks to Watch in the Energy Sector
A Live Phone & Web Seminar (CPE Approved)
March 28th, 1:00 pm to 2:15 pm (U.S. Eastern Daylight Savings Time)
By the Authors of Energy & Environmental Hedge Funds: The New Investment Paradigm (John Wiley, July 2006)
How This Seminar Works
1.
This live seminar consists of one 75-minute, high quality conference call combined with your choice of printed or Internet-posted slides.
2.

The day before the seminar, you will be emailed a toll-free telephone number to access the audio portion of the live seminar session. The seminar's slides will be attached to the email as a PDF file, and a Website link will be provided so you can view the slides on the Internet if you prefer. Phone calls originating from outside of the USA and Canada will be a toll call billed to you by your telephone service provider.

3.
A few minutes before the seminar is to begin, you will call the toll-free phone number to access the audio portion of the seminar. You can follow the visual portion of the presentation by using the printed PDF files or by viewing the Internet-posted slides on your computer screen.
4.
A professional moderator will manage the seminar teleconference and there will be ample opportunity to ask questions. All participants will hear both the question and the instructor's response. After the seminar is over, further questions can be directed to the instructor via email.

Since 2004 hedge funds, proprietary traders and Commodity Trading Advisers have been pouring investor’s assets in energy and more recently, environmental commodity markets. The financialization of energy markets has continued to impacted commodity prices and volatilities. With the recent fall in certain commodity prices and collapse of high profile commodity funds, many commentators have suggested that these players are exiting these markets. In reality, ‘speculative’ investors continue to be attracted to these markets and will be a true force to be reckoned with through 2007. But the energy industry continues to be fraught with risks.

During 2007, speculator strategies will continue to diversify and become more sophisticated to profit from energy and environmental commodity markets. Their entrance into these markets has been made considerably easier by the availability of liquid instruments traded on electronic exchanges and by exchange clearing mechanisms for OTC trading. In particular, regional European commodity markets are attracting new funds and assets while the environmental side of energy is attracting huge amounts of capital. Attendees will learn about these activities and about the attendant risks around these activities. Click Here to Register

What you will learn:

  • How and why energy is so risky
  • How alternative investment vehicles are reshaping energy and other commodity markets increasing many of those risks
  • How speculative energy traders’ strategies are gaining in complexity and why
  • How new risk tools, software and metrics are needed in energy investing and trading
  • How barriers to energy trading are being reduced The New Energy & Environmental Business Model that is emerging

Your Instructors

Peter C. Fusaro is the best selling author of What Went Wrong at Enron and 13 other books. He is an energy industry thought leader noted for his keen insights in emerging energy and environmental issues. He is co-principal of the Energy Hedge Fund Center LLC which is an online research and consultancy focused on energy and environmental hedge funds (www.energyhedgefunds.com) based in New York. He is also CEO of Energy & Environment Capital Management LLC. Peter coined the term "Green Trading" and holds the annual Wall Street Green Trading Summit in New York each spring. He has been actively engaged in market-based solutions to global warming, clean technology, renewable energy and emissions trading since 1990. His most recent research has focused on water hedge funds. He graduated from Carnegie-Mellon and Tufts Universities.

Gary M. Vasey is an acclaimed energy industry expert noted for his energy industry analysis skills. With over 20-years experience in the energy industry, Gary has participated in the industry's volatility as a geologist, consultant, software developer and analyst providing him with unique insights into the entire energy value chain. He is a noted expert and has written extensively on energy trading, transaction and risk management software industry and recently published Trends in Energy Trading, Transaction and Risk Management Software - A Primer. Gary co-founded the Energy Hedge Fund Center LLC and is COO of Energy & Environment Capital Management LLC.

Who Should Attend this Seminar

This seminar will benefit a wide variety of organizations in the electric power, financial and energy industries. Professionals from banks, energy producers, electric utilities, energy marketers, industrial companies, electric generators, and municipals will gain valuable insights, as will natural gas, oil and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, economists, trading support staff, auditors, attorneys, government regulators, rate specialists, plant operators, engineers and corporate planners.

Why Choose PGS?

Learn from experts who have been calling energy markets early for over a decade! Save time and travel expenses while you increase your knowledge. PGS seminars are known for their clear explanations and in-depth content. Over 3,000 energy and financial professionals have already attended PGS Energy Training's proven courses. View Past Seminar Attendees

Prerequisites

This fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar.

Registration Fee

$295 for the first attendee and $155 for each additional participant.

Click Here to Register

Payment & Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club or check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 43 Fawnvue Drive, Suite 700 Mckees Rocks, PA 15136. Cancellations can be made up to two (2) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but credit will be given toward future seminars. Substitutions may be made at any time.

CPE Credits

This group live seminar is eligible for 1.5 CPE credits. PGS telephone seminars are eligible for CPE credits only if seminar participants use the printed seminar slides - not the Internet posted slides.Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.

PGS Energy Training
43 Fawnvue Drive • Suite 700
Mckees Rocks, PA 15136
Tel: (412)
521-4737 • Fax: (412) 787-5435
info@pgsenergy.com