Hedging fuel costs

Thats a good deal .. smart thinking on your part

 

I remember Matlack doing futures. They set a few tanks aside at a number of terminals to receive the surpluss just before the retail price shot up. We had two in our yard that the brokers delivered to and we would pump some [beyond keeping our own storage chock full]into company units to deliver to their home terminals. Contracts ran out around the time the price came back down.

 

they deliver on road, or maybe it’s just my town with the 65 different construction companies in it this particular one does. I don’t buy it on futures though