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Pledge to Hedge: Three Ways to Lock in Low Gas Prices Right Now
Many of my neighbors here in Oregon are enjoying the big decline in gasoline prices, particularly those who still own SUVs, pickup trucks or any of the other fire-breathing, piston-clanking monstrosities I’ve seen on the road recently.
And no wonder. Gasoline prices in our neck of the woods have fallen between 60% and 70% since July, when oil closed at a peak price of $145.29 a barrel. Here in Oregon, that means that my wife and I don’t feel like we’ve been mugged every time we fill up.
But what happens when the prices start going up again? Global demand for…
17Dec2008 | Money Morning | 0 comments | Continued
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