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FINANCIAL MANAGEMENT/Fueling up for winter

Published Friday, July 01, 2005

Not very long ago, local governments followed simple rules when planning for yearly energy costs. Gas and oil prices went up in the winter when demand was high and dropped in the summer when demand was low. To save money, cities and counties purchased enough energy during the summer to use in the winter. But in the last year the rules have changed because of increasing demand from China and the United States. While summer is still the best time to purchase energy, buyers should focus on price shopping as early as possible to get the best deals.

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