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rainfingers Posts:6 2007-02-01 09:47:51 |
Do car companies invest in gasoline futures to offset their risk? |
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| American car companies are in trouble in part because they didn't predict high gasoline prices in advance--designing a vehicle takes about three years. Now people aren't buying as many of their gas-guzzling trucks. If they invested in gasoline futures, they could offset some of their losses. Have they done so?
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