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My oil company just sent us a price lock agreement for the heating season.

For 9/1/08 – 5/31/09 we will pay 3.99/gallon of heating oil delivered.

I think over the winter last year it got close to 5.00/gallon.

Do others on this board sign such agreements?

Is yours at a similar price?

I have considered trying to create my own price hedge by buying a heating oil shares…

http://finance.yahoo.com/q?s=uso

But have never actually done that sort of thing before…