When you live on an island, and the ferry is your main way on and off, it feels pretty good to know that they’re covering their bases. In this case, it’s about fuel.
We all watched the fuel prices soar and are now relieved that they’ve fallen down to ‘acceptable’ numbers. But the Steamship Authority, has taken measures to protect themselves from any future hikes.
With a 15 cent per gallon hedge insurance measure, we - the passengers - are protected from the passenger and car fee hikes we saw last summer when fuel prices spiraled upwards. And, the SSA still gets to benefit from dropping fuel prices.
Phew - some stability and steadiness in the midst of rough water.
