Using an oil based investment to hedge personal gasoline cost?

[Gone Fishing]

A friend and I were musing over using some sort of investment to hedge against future increases in fuel prices.  Is this even possible?  How would you do it?

[chubbybunny]

buy an electric car?  stop driving?

[Heckler]

http://www.bikerumor.com/2015/08/04/giants-new-toughroad-bikes-bridge-the-mtbcx-gap-for-all-kinds-of-adventure/

[protostache]

One strategy might be to put enough into a basket of oil majors for the dividend to offset some of your fuel costs. $50,000 in a basket that pays 4% would throw off about $167/mo. Capital gains and dividends both grow based on earnings, so that would hedge against slowly growing fuel prices.

[Retire-Canada]

buy an electric car?  stop driving?

^^ this and ad in the middle ground of reduce driving mileage and riding a bike. These options have the benefit of reduced environmental impact and better physical health.

[Gone Fishing]

I appreciate everyone's desire to use a bike as their primary mode of transportation.  Point made, now let's talk about hedging fuel costs using by using a financial instrument.

[CoderNate]

You could buy WTI futures contracts with rolling expiration for the next 10 years or so.

[mizzourah2006]

I actually think about my investment in Chevron like this. When gas prices rise, Chevron's earnings will rise and vice versa.