Yesterday was strange

On Monday morning, a price hike this week made sense to me, based on the NYMEX prices, and I posted a price hike prediction.  By Wednesday morning, though, NYMEX prices had dropped, making a price hike less likely.  Speedway decided to hike to $2.29 on Wednesday, but the wholesale price didn’t back them up, so they had to give back the hike at many places around town, due to competition.  In Standale, the $2.29 hike was matched by the competitors, and that is the price today.

As of noon today, NYMEX prices are about the same as yesterday, so we should be clear through the weekend, and there’s chance we will get down to $2 even somewhere in town.

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