[TyFenn]

Hello,


In years past I've seen (heard?) a lot of people express frustration (complain?) about high gas prices during the summer. I just wanted to offer a suggestion on how to beat/avoid that from being an issue.

Buy unleaded gasoline options (RBOB). In my personal opinion, we just touched the bottom of the market last week, with the spot price at roughly $2.26. So I would consider buying some calls with a June 2008 expiration (RBM8) at, or as close as you can get, to the money.

Further, usually, in years past, unleaded trades right around 1.80s at this time so this leads me to believe that unleaded will get pretty freakin' expensive this year!!

A little bit later, I'll post the EIA reports that show a prediction of a 70 cent increase in price. Last year, they predicted a 40 cent increase and it was almost double that so with this year being a 70 cent increase, again, look out.

In my opinion, gas will get very expensive this summer. Also, as I said above, we've seen the bottom of this market (or at least are very close to it) so...hope it helps!