Topic : fuel hedging

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Fuel hedging saves Nashville transit $6.5M

Bus| April 4, 2012
Program has generated almost $2.4 million in savings for five agencies with contract prices of $2.30 per gallon for diesel fuel and $2.11 for gas. The first two years of the hedging program generated $632,811 in savings the first year and more than $3.4 million in the second year.

Locking in Today's Fuel Prices for Tomorrow: Is it Worth the Risk

Bus| June 4, 2009
Although fuel prices have gone down after going through the roof last summer, many believe they will rise once the economy begins to level off. By using Energy Price Risk Management, transit agencies may be able to create budget certainty and protect themselves from market volatility.

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