Pre-paid Fuel – Does Anyone Use It On Boats?

[66pony]

No.......

Had you bought a barrel of oil for July 10 delivery on the commodities exchange yesterday, that is what it would have cost you. It was an example of how the risk of future price change in a commodity is passed on to the buyer and that you will not be buying July gasoline for today's pump price.

I realize that. I wanted to point out that oil prices are as far from a science as you can get. There are way too many variables to make an accurate decision. The basis for prices are speculation, opinion, emotion and not on the supply and demand as we all would assume (if it were purely supply and demand then prices should have gone up on OPEC’s production scale back.).