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Mastering Money

Mastering Money is hosted by Certified Income Specialistâ„¢ Steve Jurich. Steve's comments have been seen on MarketWatch, CNBC.com, Bloomberg, and TheStreet.com. Steve is joined on most days by Money Radio favorite Sinclair Noe as well as experts and authors from the world of Wall Street and real estate. New episodes published every weekday at 9am PST. Listen every weekday to get a handle on emerging market trends, asset allocation strategies, social security, medicare, RMD planning, tax strategies, estate planning, annuities, life insurance and more!
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May 12, 2015

Southwest Airlines has always been profitable by buying jet fuel and locking in prices. It worked well during periods of spiking oil prices. Last year, they lost money by using the same hedging process. American, the worlds largest airline, had a record year by simply buying it at 50% off, netting a $600 million profit. Steve and Sinclair review. In the Q & A, Matt Griffin, CEO of Payson Petroleum, answers questions on how they are managing the oil in the ground in today's price environment.