Article: Is It Time To Make A Withdrawal From The Gas Bank?
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Is It Time To Make A Withdrawal From The Gas Bank?
Wouldn?t it be great if you could have predicted the ridiculous prices that gasoline would hit, and bought a bunch of it before prices went through the roof?
Actually, many people did just that and, no, they didn?t have big underground storage tanks in their back yards. These people joined a Gas Bank. ?Eh, what?s that?? you ask. Gas Bank, Gas Tank, what?s the difference? You don?t deposit gas into a gas bank, you deposit money. Here?s how it all works?.
Joining a Gas Bank is a lot liking trading on the commodities market. When you join, you pre-purchase a supply of gas at the then current price. You receive a stored-value card, which is somewhat like a debit card, that you use to turn the gas pumps on at the bank?s filling station.
Regardless of...
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