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Laura Lee Gress

Laura Lee Gress

Senior Account Manager at Nexus Fuel Corp (Canadian energy/fuel company); over 18 years in agriculture and energy sectors; agriculture and fuel markets commentator

Jun 26, 2026

8:45
Is my price set? Is it done?
8:47
Yeah.
8:48
You know what? The good thing is, I guess there's a two-part answer to that.
8:52
One, yes, if you purchase it in advance, you are predicting your price and you're locking in a discount.
8:58
So you're covered if it's going up.
9:00
But the question about it going down, what happens if the market plummets and it's 20 cents lower than what you discounted your discounted price? Well, sure enough, on day of delivery, because we buy the fuel fresh from the refinery that day, we will always honor the lower price.
9:15
So if the market is 20 cents lower than your discount, you're going to get that 20 cents difference back.
11:31
Can you just walk us through, walk the listener through what exactly we're talking about here?

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