A very interesting article

Discussion in 'Economics' started by robertstone, May 7, 2006.

  1. 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 :)


    ST. CLOUD, Minn. - Most motorists are feeling the pain as gasoline creeps toward, or over, $3 a gallon — 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."