Legislative Branch

Buy Oil on 1 year fixed price, lowest bid contracts

Use our huge market to get the lowest price on oil, while we search for viable alternatives. Buy oil on 1 year fixed price lowest bidder contracts. Do not buy oil on fear based commodities markets and open sealed bids. Make contracts with lowest bidders, and hold money in reserve (with interest paid) to protect against non-delivery. Hold secondary backup contracts with 2nd lowest bidders and use reserve money to offset prices if the primary can not deliver.


-2 votes
Idea No. 2316