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CNC 01-18-2007 12:17 PM

Gas prices....Purchasing in advance
 
Gas prices are down now, I'm in Michiagan. I have been trying to pre-purchase 1000 gallons+., Basiclly I buy now at the current price
and use as I need it....mostly next summer...like taking it out of the gas bank...Nobody will do this....I don't want a storage tank just a prepurchase...Has anyone tried this???

Steet 01-18-2007 12:28 PM

Re: Gas prices....Purchasing in advance
 
I have done the same thing with my propane, but never asked about gasoline. I prepay in the summer months for the next seasons propane. Usually I come out to the good.

Chris Sunkin 01-18-2007 12:42 PM

Re: Gas prices....Purchasing in advance
 
Probably too small a quantity. Many fleets and Gov't agencies purcase on contract and lock in a price

88formula223 01-18-2007 12:49 PM

Re: Gas prices....Purchasing in advance
 
Would Be Nice to be able to get Instead Of A $50 Dollar Gift Card You Could Buy A 50 Gallon (or How Ever Much You Want) Gift Card At That Days Price

dougdrs1 01-18-2007 01:20 PM

Re: Gas prices....Purchasing in advance
 
This is probably what you need to do...

http://www.infinitytrading.com/unlea...s_options.html

Mentalpause 01-18-2007 06:43 PM

Re: Gas prices....Purchasing in advance
 

Originally Posted by db71 (Post 1997444)
Does anyone do this type of trading I am intersested in it and would like to know more about it. That site was very helpful

Just make sure you have a lot of money you can afford to lose if you don't know what you are doing.

Payton 01-18-2007 06:54 PM

Re: Gas prices....Purchasing in advance
 
Find a small supplier to sell you gas. You will need your own storage tank. But you only need maybe a 300 gal tank. Out in the country the supplier will supply the tank a lot of times. Then pre pay what you want to and have them deliver it as you need it.
Stay away from the commodities. Unless you have very thick skin and a big bank account.

rush 01-18-2007 07:06 PM

Re: Gas prices....Purchasing in advance
 
I have my own tank "550gal" an ask my supplyer and he said he could'nt do it, prebuy for kero only. but he had contract with all schools in the county." big money" that he lost his azz on last year. but his supplyer says no to gas.

Payton 01-18-2007 09:43 PM

Re: Gas prices....Purchasing in advance
 
Hmm, we do it with diesel just about every year. Off road and road diesel. I've never checked on gas.


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