just thinking today after handing my latest fuel cheque to Shell, (now for a record $1200 for the last 5 day period for diesel) i was thinking about Patrick corp and
VB.
Everyone knows QF,
VB and others will hike up the fuel surcharge in wake of the new record crude prices, dispite still being hedged at $US38 per barrel.
I was wondering if Patrick corp also has their fuel/oil hedged at a price much lower than current open market prices, for their truck and locomotive fleets? and if so, will this carry across to the
VB part of the business? allowing
VB to purchase JetA1 at the same price as Diesel oil. ??