Tex. Water Code § 152.251
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
In this subchapter, "hedging" means buying or selling crude oil, fuel oil, natural gas, or electric energy futures or options, or similar contracts on those commodity futures, as a protection against loss due to price fluctuations.
Tex. Water Code § 152.251