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Please help with Oil Rate Programs...

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november12003
Love my boys...

Member since 5/05

2412 total posts

Name:
Jenn

Please help with Oil Rate Programs...

It's that time again to renew our program. I never know what to do here. These are the options...

Capped price @ $2.749/gallon, meaning there's downward flexibility. Based on company's current rate

Fixed price @ 2.649/gallon

Adjustable $.20/gallon below company's rate

How do you predict what the year will be like? I'm just better off picking the fixed?

thanks

Posted 6/14/07 11:22 AM
 
Long Island Weddings
Long Island's Largest Bridal Resource
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Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Please help with Oil Rate Programs...

my theory is that oil will never go down significantly enough unless there is an alternative.

I would go with a fixed rate.

Posted 6/14/07 11:59 AM
 

november12003
Love my boys...

Member since 5/05

2412 total posts

Name:
Jenn

Re: Please help with Oil Rate Programs...

Thanks...that's what I was leaning towards, but figured rates would end up dropping and I'd be kicking myself.

Posted 6/14/07 12:24 PM
 
 

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