i think we have already beaten the subject to death to be honest, i created a thread where people could put some rational debate together, alas the hedge advocates provided no case at all. the case for protecting margins without hedging input costs came to fruition too with oil higher. Honestly I dont see why we must repeatedly go over the same topic when no new evidence is presented one way or the other.. its just cluttering thr forum with duplication and worse, most of it is just vacuous
Ann: Quarterly Activities Report, page-8
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