Steady climb… continues?
Monday 02 Jan 2006 | Posted By Ed Aboufadel | Predictions
We enter the new year with wholesale prices in a steady climb since late November. What we’ve learned the past two years about a situation like this is that price hikes come more quickly and often. So, I am worried about this week, since wholesale prices rose 6 cents on the same day of a price hike to $2.39, and today you can get gas at $2.24 in certain places. So, I predict a price hike this week to at least $2.43, probably higher. Prices did rise to $2.49 last Wednesday, so the prediction was CORRECT.
