Bank Lets Drivers Hedge Against Gas Hikes:Interesting idea. It would have been nice to buy a few hundred gallons at even $2 per gallon.
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First Fuel Banks bills itself as the only retailer in the country where customers can buy gasoline for the future and hedge against rising prices. It advertises no service charge and no storage charge, just a $1 lifetime membership fee.
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I would be paying about $40 a tankful instead of $60+.
Ahhh. The good ole' days.
2 comments:
Why would anyone invest in a commodity who's demand is dropping?
Hard to fathom.
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