Re: How to hold virtual oil


"Jonathan Bryce" <jonathan@xxxxxxxxxxxxxxxxxxxxx> wrote in message
news:uslu53-h8o.ln1@xxxxxxxxxxxxxxxxxx
> Ronald Raygun wrote:
>
>>> Could be. Where would I get 20-year futures?
>>
>> Dunno, but they'll be bloody expensive.
>
> You could buy a barrel of oil today and sell a 20 year future on it.
>
> Will you make loads of money on this deal? I doubt it.

Presumably at 50 USD a barrel it is pointless investing in
less than about 20 barrels. This quantity is just going to
compound the storage difficulties

tim



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