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Products and Services
Tycoon Oil Company is both a private industry and a government related entity. We maintain continual access to all the major oil companies. While many marketers do business within a 20-mile radius of their headquarters, Tycoon Oil Company reaches well beyond its Midwest roots to cover most of the USA. Tycoon Oil Company's complete focus on the wholesale market has positioned the company to be regarded as an ally in supply and not a retail competitor. Twenty-plus years of hedging experience enables us to provide cost management for our customers with firm pricing, cap programs, collars and fuel swaps. Firm Prices - The most common method of price management is firm forward pricing. You can choose to manage your fuel cost for as little as one week or up to two years. Additionally, Tycoon Oil Company offers short term easy to reference price protection. Caps - Cap programs allow you to cap your fuel costs at a predetermined ceiling price, typically 5 to 6 cents per gallon above a firm price. You pay the lesser of two prices, either the ceiling price or the average posted price of the nearest supply city on the date of delivery plus 1 cent per gallon. Collars - Collar programs allow identification of a guaranteed range in which fuel costs are price protected. This range is commonly a reference cost plus and minus 4¢ per gallon (i.e., reference cost 75¢, a protected range from 71¢ - 79¢ per gallon). Fuel Swaps - Fuel swaps allow you to cost manage your fuels with Tycoon Oil Company while purchasing fuel from a different supplier. If you are contracted to or prefer a specific brand or oil company, a fuel swap gives you insurance against potential price volatility and price spikes to your rack postings. You don' t have to change the existing relationship with your current supplier. |
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| TYCOON OIL 2006 | |