Monday, April 5, 2004

The theme this week will be “watch those prices fall”. Wholesale prices plunged last week, and the 20-cent margin price is about $1.75 right now, which is below some retail prices at the moment. Unless oil prices spike up again this week, we’ll probably see prices somewhere in town below $1.60 a week from today. Oil prices spiked up again this week, so technically I weasled out of that prediction. Oh, let’s just say WRONG, as on Thursday, April 8, there was a price hike to $1.79. In some cases, the price rose from $1.76 to $1.79.

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