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Old 07-05-2022, 11:50 AM   #5
John Mercier
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It is called Pre-buy with Downside Protection.

I haven't gotten my numbers yet from Stafford, so I can't comment on price.

If we hit a deep demand destruction, that downside protection may be worth it depending on the cost per gallon.

The Pre-Buy also protects should a refinery go down later this year... as it locks in a maximum price.
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