Fuel and commodity hedging advisory

Diesel and gasoline are among the largest and most volatile line items in a transit or fleet budget, and a bad fuel year can force service cuts. A hedging program turns that exposure into a predictable cost. We advise public-sector fuel users, transit agencies, governments, school systems, and the bond banks that run aggregated programs on their behalf, on how to build and operate that program, with more than two decades of continuous fuel hedging experience behind the advice. We start with the policy and the budget: what to hedge, how much, how far forward, and with which instruments, whether cash-settled futures and options, fixed-price swaps, caps, or collars referenced to NYMEX Heating Oil for diesel, NYMEX RBOB for gasoline, or Henry Hub for natural gas. We favor a disciplined, rolling cadence over trying to time the market. Then we run the execution: a competitive auction across a pre-qualified counterparty panel, the winning price checked against an independent mid, and the ISDA and credit terms negotiated in your favor. As a CFTC-registered Commodity Trading Advisor and your Qualified Independent Representative, we provide the representations swap dealers require, monitor counterparty credit, and deliver the monthly reporting your committee, board, and auditors expect. We never take a position of our own, and our only compensation is your advisory fee.