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To: Defiant

Is that available to the little guy or only if you buy a million gallons at once?


42 posted on 11/30/2014 7:02:25 PM PST by Blood of Tyrants (Good Muslims, like good Nazis or good liberals, are terrible human beings.)
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To: Blood of Tyrants

Google it if you want. I don’t think Southwest bought actual gallons. I think they bought options on oil when it was at a low price, and when it went up, they didn’t care, because of the profits on the options. It allowed them to keep ticket prices down when oil prices went up. If they bought actual delivery of oil, even better. Either way, it was a textbook example of hedging.


59 posted on 11/30/2014 7:32:42 PM PST by Defiant (How does a President reverse the actions of a dictator?)
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