RE:If in 2014 you hedged at $120 for 10 years, you be laughing
RagingBull3 wrote: It all depends on the price...
All just my opinion/view/thinking.
Why not hedge for 1,000.00 years, oh yeah, because there will be no counter-party to accept the hedge. A 10 year hedge at 120 most likley did not exist, so how about we keep the hypotheticals based on reality.