Discussion in 'Commodity Futures' started by TraDaToR, Jul 28, 2011.
heating oil = diesel + tax
I'll be a little sad to see it go. I made my first big score on that in the summer of '90 long before I knew what I was doing and subsequently giving me the false hope I could make a fortune trading.
For the airlines, it's actually the jet fuel proxy in terms of hedging.
Don't know about where you live, but here in PA
heating oil = diesel - tax
most people (except for cstfx prob) don't know that HO was the first energy contract to be traded - even before the all powerful CL.
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