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RogerD

Published Letters: 1

Wednesday, June 18, 2008 02:09 PM
Original article: Gas prices and offshore drilling

A Solution

A little over a year ago, when oil prices were at $70 I made an investment in a drilling venture. We hit oil. Now, a year later, with prices at $136, I have effectively hedged $4.00 gasoline. It is risky, requiring steady nerves and about 10-50 large. The opportunities are in this country. It takes the sting out of high pump prices and offers an alternative to a bouncing stock market. Forget he politics and concentrate on the money.

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