Bob McCarty Writes

In a July 8 post, Florida Company to Take Fuel Hedging Mainstream, I wrote about a South Florida company that was poised to take fuel hedging to the mainstream by enabling consumers to purchase fuel in a manner similar to that used by Southwest Airlines.  Unfortunately, it seems the company is slow to get things [...]

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A South Florida company is poised to take fuel hedging to the mainstream by enabling consumers to purchase fuel in a manner similar to that used by Southwest Airlines.
Southwest has set itself apart from other airlines by hedging on fuel prices (i.e., purchasing fuel via long-term contracts that lock in prices), a practice that, according [...]

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In a “Special to the Sun” article in the New York Sun today, writer Dan Dorfman offers this shocking prediction:
Get ready for another economic shock of major proportions — a virtual doubling of prices at the gas pump to as much as $10 a gallon.

But the prediction didn’t come from between his two ears. [...]

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Gasoline prices are rising! According to a report by NBC affiliate KSBW in Sacramento, consumers in Gorda, Calif., a community south of Big Sur, are paying $5 per gallon at the pump today. Elsewhere throughout the state, prices have reached $4 per gallon at gas stations in many locations. As a result [...]

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According to a Bloomberg report today, “$4-a-gallon gasoline is coming to a pump near you” and is, indeed, already a reality in Orlando. That in mind, I expect a lot of people to face this tough decision sometime during the upcoming weeks:
“Do I drive less, use public transportation more often or take on a [...]

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