Gas prices for high test is $4 to $5 per gallon

jonbig04

It is relatively simple to hedge the price of gasoline if you really think it is going to go up. There are dozens of stocks and ETFs that track the price of gasoline fairly well.

I once thought of building a basic hedging strategy for the average american so that anyone could do this. What I found is that, as much as we complain about it, for the average American gas is dirt cheap. Even at 4 or 5 bucks a gallon, we just don't spend that much to make the hedging effort even worth it.