Cheap gas here to stay...?

Chakraan · Post by **Chakraan** » Mon Dec 29, 2014 8:33 am

Jinx2007,

in your city today

freddie · Post by **freddie** » Tue Dec 30, 2014 9:30 pm

Gas is here to stay. Cheap or not. It is a 500 Billion Dollar gift for the Thanks giving , Christmas and the year end Bonus from the Saudi's to the Global Economy, so that there will be a slight bounce back from the doldrums. Here is the other theory with all of the speculations attached to it.
http://www.huffingtonpost.ca/susan-wright/opec-alberta_b_6324214.html?utm_hp_ref=canada-alberta
I will take the cheap gas any time. I will not even look into the mouth of this 'Gift Horse'. In some countries it used to cost half their salary to get to work and back. In a lot of countries, they were using the pedal power and a few hoofed it.
NJOY while it is going good.

Freddie.

familyfirst · Post by **familyfirst** » Wed Dec 31, 2014 6:10 am

Is there a way for us to lock in current gas prices? Not looking for trading in trading tied to gas prices, but a more direct way like say purchasing a "gas card" from Shell where you can pre-pay X number of gallons. Then, when you use that card at a Shell gas station, the filled number of gallons gets deducted from the card.

freddie · Post by **freddie** » Wed Dec 31, 2014 7:19 am

familyfirst;589372Is there a way for us to lock in current gas prices? Not looking for trading in trading tied to gas prices, but a more direct way like say purchasing a "gas card" from Shell where you can pre-pay X number of gallons. Then, when you use that card at a Shell gas station, the filled number of gallons gets deducted from the card.

Please go through this web link. It is very interesting to note the tips provided there in. See if they are anywhere close to where you reside and they offer their purchase cards, If they do, then hop in on the band wagon.

http://personal-finance.thefuntimesguide.com/2008/07/mygallons_prepaid_gas.php

Good Luck.

Freddie.

familyfirst · Post by **familyfirst** » Wed Dec 31, 2014 7:25 am

freddie;589377Please go through this web link. It is very interesting to note the tips provided there in. See if they are anywhere close to where you reside and they offer their purchase cards, If they do, then hop in on the band wagon.

http://personal-finance.thefuntimesguide.com/2008/07/mygallons_prepaid_gas.php

Good Luck.

Freddie.

Looks interesting, will check it out.. have you used them before?

Old-Spice2 · Post by **Old-Spice2** » Wed Dec 31, 2014 7:53 am

familyfirst;589372Is there a way for us to lock in current gas prices? Not looking for trading in trading tied to gas prices, but a more direct way like say purchasing a "gas card" from Shell where you can pre-pay X number of gallons. Then, when you use that card at a Shell gas station, the filled number of gallons gets deducted from the card.

Buy 100 barrels of refined gasolene at current price and store in your garage. Our friend Jani used to do this with Desi Ghee!

Veekay · Post by **Veekay** » Wed Dec 31, 2014 9:36 am

Old-Spice2;589380Buy 100 barrels of refined gasolene at current price and store in your garage. Our friend Jani used to do this with Desi Ghee!

And wait for the gas to deteriorate.

returning_indian · Post by **returning_indian** » Wed Dec 31, 2014 10:07 am

jinx2007;585557So what's the secret here?

Modi did it.

techynt · Post by **techynt** » Wed Dec 31, 2014 6:33 pm

Old-Spice2;589380Buy 100 barrels of refined gasolene at current price and store in your garage. Our friend Jani used to do this with Desi Ghee!

I think we should look into buying gasolene future contracts
http://www.theoptionsguide.com/gasoline-futures-buying.aspx

Dicky_Bird · Post by **Dicky_Bird** » Wed Dec 31, 2014 7:31 pm

look at ERX for playing options its like FAS for financials
would like to wait till it comes in sub 40's to stat small positions
let me know what you think of it

techynt;589422I think we should look into buying gasolene future contracts
http://www.theoptionsguide.com/gasoline-futures-buying.aspx