Archive for February, 2003

Monday, February 24, 2003

Well, the first letter to the GR Press appeared on Friday, but prices continued to drop, as low as $1.54 this morning in some places. (Although they are near $1.70 elsewhere.) Frankly, despite predicting a rise to $1.79 two weeks ago, I was surprised when it happened, as my spreadsheet calcuations were suggesting [...]

Monday, February 17, 2003

I have a bad dream last night, where gas stations start quoting prices by the half-gallon, and I dream of prices like $1.20 a half-gallon. I hope that doesn’t happen soon. Speaking of happening soon, when do we start to read the letters to the GR Press, complaining about the price of gasoline? [...]

Monday, February 10, 2003

Oil and gasoline futures continued to rise last week. In particular, gasoline futures jumped 9 cents in a week. So, I expect to see a price hike this week, to a stunning $1.79 (with premimum for $1.99). CORRECT! Prices went up to $1.79 on Tuesday the 11th.

Monday, February 3, 2003

Too much Iraq news coming up this week to make any sort of prediction about the futures prices. Futures did jump last week, translating into a pump price of $1.65, which I think we will see this week. A clue is the way prices have not fallen much since the last [...]

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