Quote: Okay, I did a quick Google for an explaination of that, all I got were 50 page airline studies.... Care to enlighten me on how that works. Just a random guess would make me think it's kind of like buying futures??
Honestly, I don't know exactly. I've asked the fuel guys, and the best they can explain it to me is the same as your guess -- we're basically buying Futures.
No one predicted the kind of gains we'd have this year, so we've won on the market and the gains we've seen this year aren't even close to the gains at the pumps.