Wholesale oil and gasoline prices have been falling after each NHC update moves Ernesto further east, away from vital Gulf oil rigs and refineries. Currently, wholesale oil is down over $1 per barrel and gasoline down roughly 5 cents per gallon.

I’ll be looking for 2.45-2.49 in the GR area soon if prices keep falling.

I’ll also be looking for a small gain on the market Tuesday as profit taking falls off and more traders get back into the market.

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