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SC Iowa | There seems to be a misconception about "hedging"
The companies that have been employing hedging strategies for airline fuel purchases are not enjoying that $30-35 per barrel fuel price just yet....likely still paying 50-100% more at the present time as they work through inventory....
that is what makes reading the financial media stories mildly amusing when they say "so and so did not have exceptional earnings even though crude oil has dropped dramatically"
although everyone wants to hit the homerun ball, it is more about manufacturing predictable/profitable earning streams into the future.....
now, if we could just figure out a way to get mother nature to cooperate every year in the field of agriculture!
Ray J | |
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So where's the money II?
