Wednesday 29 Mar 2006 | Posted By Ed Aboufadel | Predictions
Today’s Department of Energy report indicates a less gasoline around than expected, so the futures prices are up today, to $1.92. That corresponds to a new 20-cent margin price (with 8-cent Midwestern Premium) of $2.74. Given Speedway’s recent pricing behavior, I think we see another price hike Thursday or Friday. On Thursday, prices rose to $2.75, so the prediction was pretty much CORRECT.
Loading ...| Crude Oil Nov 08 | 73.61 | |
| Rbob Gasoline Nov | 1.75 |
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