May 08, 2006
It's a good idea
But it's not a new one. Breitbart.com has a story about people pre-paying for gasoline to try and head off higher future prices. If prices go down, you're stuck with having paid high prices. For the record, Priceline did this first; it was a pretty good program. However, Priceline decided to burn through all of its capital quickly, leaving lots of unhappy former customers.
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Posted by: Physics Geek at
11:50 AM
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