jp morgan, page-2

From the JP Morgan website http://www.jpmorgan.com/pages/jpmorgan/investbk/solutions/commodities/energy



"
J.P. Morgan is one of the world's leading energy market makers. We are active in both the physical and financial markets worldwide for crude oil and oil-refined products, coal, power and gas, and have extensive capabilities in the voluntary and mandatory emissions markets.

As a leading market maker in swaps and OTC options, J.P. Morgan has a significant presence in NYMEX futures and options. Our geographically diverse physical asset portfolio includes more than 40 North American locations. In addition, we are one of the largest natural gas traders in the U.K. and European markets, with daily volumes of approximately 100 million therms.

J.P. Morgan provides clients with hedging services that result in commodity price certainty and capital relief. Our hedging products include fixed price, index-based pricing and other options structures.

Products covered include:

Oil
Crude
Light Products
Heavy Products
Natural Gas Liquids (NGLs)
Distillates
Fuel Oil
Natural Gas
Electricity
Coal
Emissions
Liquefied Natural Gas (LNG)
Weather
"



Now who would benefit from a delay to australian gas development? I doubt we will see the JP Morgan report on that.