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Re: Daily News Demagogic Fare Hike Piece

Posted by AMoreira81 on Fri Dec 21 12:10:29 2007, in response to Re: Daily News Demagogic Fare Hike Piece, posted by Edwards! on Fri Dec 21 12:05:05 2007.

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However, the MTA has been using that surplus for other things it sees as more important...such as hedging against fuel prices by signing longer-term fuel contracts now. Even though transit agencies pay wholesale rates usually when fueled at a garage, they are not totally insulated from rising energy prices.

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