I need help with following questions based off of the J&L Railroad Case

Part 1: Case Report Summary

A. Summary

Part 2: Case Report Questions

B. Should J&L hedge all of its exposure to diesel fuel for the ensuing year? Why? What percentage of the 210 million gallons would you hedge?

C. Discuss the railroad industry and the J&L company in particular.

D. What are the pros and cons of using NYMEX contracts versus using the risk-management products offered by KCNB?

E. What types of hedging strategies do you recommend that Matthews should employ?

Case 39 J&L Railroad

http://123doc.org/document/2627823-39-j-l-railroad.htm?page=7