Re: Caution...agree - Saab General Bulletin Board - Saabnet.com
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Locked forward price contracts are available for any commodity...you cost is basically equal to the cash price + the cost of the forward delivery contract. Since 8/18/05 NG futures have moved from 9 bucks to 11.73 down about 20 cents from yesterday...or about 30 percent....dont know how the gas contract is presented to the consumer but if its a reasonable premium I'd take my chances and buy the rate lock...honestly I dont think energy futures will appreciate like they have in the last six months but on the flip side I dont see much likelyhood for a downtrade either.
posted by 12.180.193...
Posts in this Thread:
- To lock in price of heating oil, or not to?, NickR, Wed, 31 Aug 2005 07:42:39
- Re: To lock in price of heating oil, or not to?, BobS, Wed, 31 Aug 2005 11:02:03
- Caution...agree, BristowBob, Wed, 31 Aug 2005 10:17:27
- you're lucky to have the option, isobel, Wed, 31 Aug 2005 09:40:46
- Yes, but carefully, Ari , Wed, 31 Aug 2005 08:59:22
- Lock it now!, Noel, Wed, 31 Aug 2005 08:17:58
- I'd say you'd be nuts not to, BrianG, Wed, 31 Aug 2005 08:03:44
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