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Stamford oil co. hedges bets on balmy temps
2016-02-05 08:41:41| Oil & Gas - Topix.net
With 60 degree-temperatures in Greenwich, Conn. in mid-December indicative of the Northeast winter of 2015-2016, home heating oil giant Star Gas stands to gain as much as $12.5 million from a hedge contract against the possibility of warm weather sapping deliveries.
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stamford
Category:Energy and Environment
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