Hedging is a strategy that is as polarized in opinions as vaccinating your kids.

If I were the fuel czar at Delta, I would ask for a billion dollars in about 6 months and buy enough bankrupt shale producers in North Dakota to supply Monroe Energy with enough Crude to supply them with their fuel needs.

We already have the refinery and are already buying Bakken crude for the place. I heard we even bought an oil tanker to bring oil from Texas to Trainor. Only thing left is to own the wells producing the oil and you have it covered. There should be some cheap ones up there in about 6 months.

A true top to bottom production system for their largest and most volatile expense.