Originally Posted by
dojetdriver
Actaully, Indy had the chance to hedge as well. The upper management geniuses decided not too. Thinking fuel prices would go down. Idiots.
...the only thing they didn't predict well is how the oil monopolies can get away with charging whatever they want. People continue to drive SUV's, there is no oversight, and the price continues to go up. How many refineries have been down for "maintenance" this year? When was the last refinery built?
The barriers to entry for oil are so great that they know they can get away with murder.