Oils ain’t oils
Just because the oil price is dropping it doesn’t mean VA will benefit. If they have hedged a large percentage of their fuel at a higher rate then there is no benefit when the price drops as they still have to pay the high rate. It’s the opposite effect when you hedge a large quantity at a low price and then prices rise exponentially. Knowing how the Village morons operate, I would bet that they have hedged high. They’ve done that before when the Godfrey gang were running the place and it almost sent them to the wall.