Basis Swap - Basis Swaps in Energy Commodities

Basis Swaps in Energy Commodities

In energy markets, a basis swap is a swap on the price differential for a product and a major index product (e.g. Brent Crude or Henry Hub gas).

Read more about this topic:  Basis Swap

Famous quotes containing the words basis, swaps, energy and/or commodities:

    “Protoplasm, simple or nucleated, is the formal basis of all life. It is the clay of the potter: which, bake it and paint it as he will, remains clay, separated by artifice, and not by nature from the commonest brick or sun-dried clod.”
    —Thomas Henry Huxley (1825–1895)

    “When you got to the table you couldn’t go right to eating, but you had to wait for the widow to tuck down her head and grumble a little over the victuals, though there warn’t really anything the matter with them. That is, nothing only everything was cooked by itself. In a barrel of odds and ends it is different; things get mixed up, and the juice kind of swaps around, and the things go better.”
    —Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    “Viewed narrowly, all life is universal hunger and an expression of energy associated with it.”
    —Mary Ritter Beard (1876–1958)

    “Most works of art are effectively treated as commodities and most artists, even when they justly claim quite other intentions, are effectively treated as a category of independent craftsmen or skilled workers producing a certain kind of marginal commodity.”
    —Raymond Williams (1921–1988)