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View Full Version : Hedge on your own gasoline



kuranes
29 May 2006, 04:18 AM
http://www.FirstFuelBank.com/benefits/default.asp

An interesting concept to think about getting involved in, perhaps as something more than just a customer.

meshou
29 May 2006, 04:22 AM
Aren't gasoline futures what's driving the cost of gasoline up now anyway?

kuranes
29 May 2006, 04:25 AM
I wouldn't know. I heard it was the something to do with the refineries.

Leftfield
29 May 2006, 04:32 AM
Aren't gasoline futures what's driving the cost of gasoline up now anyway?

Exactly, looks like a case of futures options on the price of gas as a hedging strategy...

Purple-Silver Fox
1 Jun 2006, 11:44 AM
Heh. Don't expect the prices to come down very much before the recession.

http://www.theoildrum.com/storyonly/2006/3/1/3402/63420

eyebyte_atWork
1 Jun 2006, 01:17 PM
There are always grease cars.

Stillwater
1 Jun 2006, 05:01 PM
Nice idea. Similar to how propane and fuel oil is sold- makes sense. I'd join if they had a local branch.

Lurker
1 Jun 2006, 05:24 PM
I think it's a terrific idea. They don't have one where I live; and since I live in the southeast, I'm sure that if the business expands, we will be the last to get one.