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| For our managed clients about any time they have asked on fuel the last 3 years our response has been 'lock up the next busy season's worth'.
We have all our managed clients locking tankers right now for anywhere from $0.94 to $1.02 depending on their location from the facilities.
Like one above poster said, the most we can be wrong at this point is $1.... Being open, you can be wrong much more than that. The nice thing is, if it keeps falling you can keep forward contracting and rolling purchases ahead. | |
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Contract diesel now or wait???
