Retail hedging of Oil.
I wonder if this is a great new venture. I offered my local gas retailer a deal ealier this year to hedge, he politely said no
http://news.yahoo.com/s/ap/20060507...OoEtbAF;_ylu=X3oDMTBhZDJjOXUyBHNlYwNtdm5ld3M-
ST. CLOUD, Minn. - Most motorists are feeling the pain as gasoline creeps toward, or over, $3 a gallon â but not Art Altrichter.
"This feels pretty good!" Altrichter said as he filled the tank of his Ford F-150 pickup for $2.03 a gallon on Thursday, when the average here was $2.73. "Right now, to be a few pennies over $2, when it's as high as it is? That's a real deal."
--RS
I wonder if this is a great new venture. I offered my local gas retailer a deal ealier this year to hedge, he politely said no
http://news.yahoo.com/s/ap/20060507...OoEtbAF;_ylu=X3oDMTBhZDJjOXUyBHNlYwNtdm5ld3M-
ST. CLOUD, Minn. - Most motorists are feeling the pain as gasoline creeps toward, or over, $3 a gallon â but not Art Altrichter.
"This feels pretty good!" Altrichter said as he filled the tank of his Ford F-150 pickup for $2.03 a gallon on Thursday, when the average here was $2.73. "Right now, to be a few pennies over $2, when it's as high as it is? That's a real deal."
--RS