Behind every headline about oil prices, diesel shortages, or natural gas volatility, traders are helping keep markets functioning. In a recent episode of Energized by Foley, partner Deanna Reitman spoke with Steven Hollerbach, principal at Alcazar Trading, about how energy commodity trading actually works. What do energy commodity traders actually do? That is one reason Hollerbach told Reitman that public understanding of energy markets still has a long way to go. They operate across physical and financial markets, and they do it in an environment where discipline matters as much as speed.