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Old 06-22-2008, 02:30 PM   #132
Codger
YF Wisdom Dept.
 
Join Date: May 2005
Location: Western Canada
Posts: 874
Speculation.. Futures contracts.
What the heck is wrong with using the futures markets? If I'm going to need x amount of diesel in Q1 2009 and believe that supply relative to demand is going to result in higher prices then I'd be an idiot not to buy forward and fix my costs ahead of time.
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