Talk of The Villages Florida - View Single Post - A Christmas story of how "BIG BAD OIL" became "small saintly oil".
Thread: A Christmas story of how "BIG BAD OIL" became "small saintly oil".
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Old 12-16-2014, 11:33 AM
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CFrance CFrance is offline
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Quote:
Originally Posted by gomoho View Post
So you really believe they will drop fares accordingly??? Schumer of NY is already calling for an investigation on this.
I'm saying they buy ahead and hedge their bets on fuel prices. The fuel they are using now was contracted for in the past. Who knows what price they agreed upon back then.

Fuel hedging - Wikipedia, the free encyclopedia
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