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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?
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Posted 9/8/05 3:05 PM  |
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Prudential Douglas Elliman Real Estate
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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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.
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| Posted 9/8/05 3:08 PM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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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.
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| Posted 9/10/05 8:18 PM |
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