The local Co-op here has offered that type of service for a long time, and many people take advantage of it. I worked for them for about 8 years as a fuel transport driver. The way it works is that they buy a fuel contract from their suppliers to cover all the contracts they sold to their customers, effectively locking in the stated price. They always contract a percentage of their total expected business, and buy on the open market for a percentage. So, they cover the contracts they sell to their customers and have to buy on the open market for the customers who do not contract ahead. Both the Co-op, and the un-contracted customers take the gamble on whether the prices go up or down on the open market. Both pay fluctuating prices on the open market.
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Today's Featured Article - A Farmall Story - by Ed Meadors. The year was 1978. Our young family had recently moved to rural Chesapeake, Virginia to a plot of land which would finally allow us to realize our dreams of a huge garden, critters and more lawn and pasture than we would ever use! We needed a TRACTOR; not a riding mower or tractor wannabe, but a real TRACTOR. The answer to our needs materialized in the form of a '44 Farmall A, complete with cultivators, discs, single plow, a 5ft.Woods belly mower and one, mounted spare 9.00x24 rear wheel.
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