Hedging Gas Prices
Has anybody thought about hedging gas prices against future rises? I have, a little. Gas prices were a super hot topic when they were about $2 a gallon higher, but I bet people are thinking less abo...
Forum Discussion
cptqueeg wrote:
First question is what % is fuel of your budget. If it's 3% why bother w the effort to save some small % of that 3%? And over time it probably evens out anyway so what are the savings long term, probably not much.
If you have a 500 gallon tank in the yard and you can get less than retail price all the time, plus add in the convenience (and risk), that might be worth doing.
Most of the year it's around 3%. For a month or two when I travel north in the spring it's over 10%. Then in the fall it's over 10% traveling south. The difference in gas prices might be a few hundred dollars. It wouldn't break my budget. Maybe it's not worth it.
