Expect to go back up to $2.25 or so

Comment on last week’s commentary:  There was a second attempt to re-set to $2.25 on Thursday.  It worked in most places.

Tuesday, October 3, 9:30 AM:  NYMEX “HU” prices have been holding stable at about $1.50 for two weeks now, creating a $2.05-$2.25 predicted range for gas prices.  With prices below $2.10 in several places, expect a re-set in the neighborhood of $2.25 by the end of day on Thursday.

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