Quote:
Originally Posted by sheepdog 44
Here's my question: How can i take advantage of low gas prices for my financial gain, especially if i'm only filling 10 gallons every 5 months. Is there a Gasoline futures market or something?
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I'm sure there is a futures market; that's what caused prices to skyrocket in 2008. Speculators drove the price of a barrel up.
You should be able to purchase oil on paper now, and then hopefully sell it at a higher price in the future.
There is a chance that oil prices remain this low longer term, when alternative energy sources begin to displace consumption.
I assume this forum will generally become less relevant as vehicles shift away from ICE and gain efficiency.