> The company projects first-quarter fuel price, > including taxes and expected hedge benefit, to > average $1.41 a gallon. The company has 30% of its > expected fuel consumption for the first quarter > hedged at an average of $1.38 per gallon, including > taxes. > > -Rose K. Manzo; Dow Jones Newswires; 609-520-4345 > Either Rose got it wrong or there is something phishy here (insert Phish tunes) All this time we were told that companies operating under Ch.11 are not able to hedge. How is this possible?? BAHA Fan of reading the entire article unlike Wally :P =====