Retail consumers may hedge the price of volatile commodities such as gasoline via the advance purchase of a policy, which may be represented by a hedge card. The card may be priced to cover uncertainty in the price of the commodity over a defined future period, plus a small profit for the card issuer, optionally plus a pre-paid residual cash value. The card may permit the purchase of a defined amount of the commodity at a price not to exceed a defined ceiling over the defined future period. The card issuer may contact with one or more fuel providers to apportion the risks and benefits of the hedge card. In the alternative, the card issuer may contract with the consumer only, and may rebate commodity purchase amounts in excess of the defined price ceiling directly to the hedge card holder.