[BobL]

You’re thinking just like me. Lock in your lifetime supply of oil. If oil prices go up, you’re covered, if they go down, you’re covered in the sense that you have more free cash due to the lower oil expense.

I like the price now. My plan is to buy a bunch of shares of USO, which is an ETF available just like a stock that tracks the present price of crude. Then, if I want, I will sell my 25 or so barrels each year, as I burn the oil.

[Paladin2]

Thanks for the tip. I'll look into it.

Next, we need a way to hedge future road vehicle fuel taxes. If they are now ~$1, there are those who want them at ~$3. It may be worthwhile to prepay the taxes on some of that fuel too.

[Vince Ferrer]

My plan is to buy a bunch of shares of USO, which is an ETF available just like a stock that tracks the present price of crude.

"Buying Oil"

[Lurker]

Then, if I want, I will sell my 25 or so barrels each year, as I burn the oil.

Your vehicle runs on oil? Mine runs on gasoline.

L