Deregulation has forced a whole new world of trading and risk management jargon onto the energy marketer. Wengler identifies the issues, discusses and analyzes them, and in checklist fashion prioritizes for managers what they must do to succeed despite diverse risks. Contents: The 'Top Ten Checklist' of things to do The bull, the bear, and the spark spread Risk management policies and procedures Starting with your risk-return strategy The risk roster: personalities and specialties Energy risk boot camp: 'must know' concepts for managers and directors The deal process: from the desk to delivery The portfolio process: starting with what have we got? And what do we want? Measuring risk: how might our portfolio change? Hedging: navigating toward our portfolio objectives Critical path IT Issues Looking forward: the next ten management issues Appendix Glossary Index.