To: 4yearlurker
Can you prepay with your oil supplier, lock in current pricing?
16 posted on
08/02/2016 4:54:02 AM PDT by
Tax-chick
(The coming of a Cthulhu presidency will be heralded by a worldwide wave of madness.)
To: Tax-chick
That’s why the futures markets exist.
20 posted on
08/02/2016 5:03:08 AM PDT by
bankwalker
(Does a fish know that it's wet?)
To: Tax-chick
I never tried to prepay. However I personally don't like locked in prices because prices go up and down.
30 posted on
08/02/2016 5:15:02 AM PDT by
4yearlurker
(The reality about reality TV shows is they really ain't reality.)
To: Tax-chick
Can you prepay with your oil supplier, lock in current pricing? Yes it's called an oil future, but you need to buy in quantity and need some place to store the oil when you take delivery.
39 posted on
08/02/2016 5:22:17 AM PDT by
stig
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