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I'm guessing that gasoline prices won't get much lower than they are now. Two years from now I expect they'll be higher, and five years from now it's a virtual certainty.
Airlines hedge their fuel costs, is there a cheap and easy way at Vanguard for me to hedge something like 1,000 gallons per year starting in 2010 for five-ten years? It would also be nice to not pay taxes on the "gains".
If we can't hedge gasoline directly, is there some way to approximate the results? Commodity funds would trend with gas but I don't think they will zoom upward the way gas will.
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