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 jump. CORRECT! Prices reset everywhere to $1.69 on Tuesday, then drifted lower. I found gas for $1.61 in Jenison on Sunday.

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