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Another Oil Question

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MrsDiamondgrlie
Bailey

Member since 5/05

12810 total posts

Name:
D

Another Oil Question

If I lock in an oil price, and the prices go down, can I re-negotiate the rate? Or am I stuck paying the higher price?

Posted 9/8/05 3:05 PM
 
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BrunetteMom
LIF Adult

Member since 8/05

1480 total posts

Name:

Re: Another Oil Question

is it a cap price or a lock in price? with a capped price, you cannot go over that amount but if the prices go down, you will pay what the current rate is.

Posted 9/8/05 3:08 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Another Oil Question

Posted by MrsDiamondgrlie

If I lock in an oil price, and the prices go down, can I re-negotiate the rate? Or am I stuck paying the higher price?



Mine is locked in until April. It cannot change until then. I think the prices are going to go up though as they have predicted lately.

Posted 9/10/05 8:18 PM
 
 

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