$2.49- what next?

In a blink of an eye, whatever discount there was between Chicago and New York is gone, and prices rose here on Friday and Monday, to a new price of $2.49. So, what is next? Crude oil is more than 10% this month, but NYMEX unleaded gasoline hasn’t gone up very much this month, so that makes me nervous. The two price hikes in a row indicate Speedway and friends are nervous, too, so we can’t be surprised to see another price hike by the end of the week. That’s not a prediction as of right now, but we’ll keep an eye on things.

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