Thread: Fuel Prices
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  #15  
Old September 9th 05, 05:02 AM
Matt Barrow
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"Gig 601XL Builder" wr.giacona@coxDOTnet wrote in message
news:Yu%Te.27417$7f5.7148@okepread01...

"George Patterson" wrote in message
news:mS_Te.369$252.270@trndny05...
Matt Barrow wrote:

He might not have enough cash to replace it, gallon-for-gallon (unless
he's
really loaded which is unlikely) if the price spikes continue.


He may also run into another problem, though my crystal ball says he
won't. If you buy a tank of gas at a peak price and index your price to
the price you paid, you may be stuck with that tank if the price then
drops. This happened at Lakewood airport two years ago.



I've seen that happen. The best bet in a fluctuating market is to by as
little as you can while the price is high and as much as you can when it

is
lower. Since we don't know what the OP's tank and supplier situation this
may not be an option.


And if prices continue to escalate?

The problem we're discussing is charging pre-peak prices when you know your
replacement cost is going up substantially.


--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO