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Old 12th Oct 2008, 00:05
  #21 (permalink)  
t_cas
 
Join Date: Feb 1999
Location: Lost in Space
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you can still buy fuel at spot prices, hedged fuel only needs to be used before contract expires. Hence the strategy of hedging a percentage of your fuel, this averages the highs and lows, but more so protects against massive blowouts.
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