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Subject:
long term gasoline related investment
Category: Business and Money > Finance Asked by: stevemadere2-ga List Price: $40.00 |
Posted:
15 Dec 2005 08:11 PST
Expires: 14 Jan 2006 08:11 PST Question ID: 606159 |
I am looking for an investment vehicle which is a good proxy for the long-term price of gasoline. specifically, these are the criteria: 1. I can buy/sell it in reasonably small increments (less than $10k) on short notice with an Ameritrade account. 2. If the pre-tax price of gasoline in the US increases by 300% over the next 10 years, the price of the security will most likely increase by at least 300% in that same time. Note: If the answer is some kind of energy trust, show that it is not depleting its reserves at too rapid a rate to qualify for criterion 2 above. |
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