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by 9nGQluzmnq3M 2230 days ago
Actually, we know exactly what a barrel of oil for delivery in May 2021 will cost ($33 at time of writing), and you can go buy some right now:

https://www.wsj.com/market-data/quotes/futures/CLK21
1 comments
abiogenesis 2230 days ago
The point is, you can buy some right now but you don't know if you will be able to buy at the same price next year in May.
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