I used to do something similar... I purchased gasoline price protection last year. My I was locked in for 19 gallons/week @ 3.07/gal. I was really reaping the rewards when my protection ran out the last week of June. The downside is that I still haven't been paid for the last month, but I was in contact with the company last week, and they said they will send me a check for the last month's price protection in the mail.
A few years ago Pricewatch.com was doing something similar with gas, where you bought the gas up front, and used it later. They don't do that anymore either.
-Jay
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