HO contract to end in 2013

http://www.reuters.com/article/2011/07/27/hoil-discontinued-cme-idUSN1E76Q1YL20110727

 

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.

 

What?

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.