Hi There!
I presume it's not possible to take a "position" on fuel? It would be nice to buy my years fuel in advance at the current rates.
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I have not heard of anyone offering a local service in personal customer sized lots,
networkn: I am not talking about buying it physically, I was sort of imagining somehow convincing a service station or petrol company to let me buy 1000L of 98 @ x and then me filling up as needed until my allocated amount was used up.
heylinb4nz:networkn: I am not talking about buying it physically, I was sort of imagining somehow convincing a service station or petrol company to let me buy 1000L of 98 @ x and then me filling up as needed until my allocated amount was used up.
Wouldnt really be worth their while 1000 litres is only $30 in their pocket. What if prices go up next time they have to fill their tanks and you a havnt used your allocation ???
heylinb4nz:networkn: I am not talking about buying it physically, I was sort of imagining somehow convincing a service station or petrol company to let me buy 1000L of 98 @ x and then me filling up as needed until my allocated amount was used up.
Wouldnt really be worth their while 1000 litres is only $30 in their pocket. What if prices go up next time they have to fill their tanks and you a havnt used your allocation ???
Satch:
Networkn wouldn't be physically purchasing 1000 litres of petrol on hand from the service station. He would be purchasing the right to buy 1000 litres of petrol from the service station at a fixed, agreed price. The service station would be taking the risk of petrol increasing during the consumption of the allocation, as would Networkn in terms of petrol prices dipping below the contracted price.
But I agree that unless you were purchasing options for 1000's of litres of petrol it just wouldn't be worth it.
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