Wholesale prices up almost 30 cents since the election — hmm. Oh, and a price hike is coming.

Comment on last week’s prediction: On Wednesday, prices shot up to $2.39, so the prediction was CORRECT.

Monday, December 4, 5:30 PM: Remember the conspiracy theory a few months ago about how gas prices were being manipulated lower before the election? You have to wonder, looking at the NYMEX RB prices. On July 24, they were at about $2.40 a gallon, and retail prices hit $3.19. Then, we had the big drop, with retail prices getting close to $2.00 a gallon in October. On October 31, the RB closing quote was $1.45. Election Day was a week later, and now, at the close this past Friday, we were back to $1.72, which suggest a price hike back to $2.39 is on its way this week. Have we seen the low for the year? Gas is $2.14 in Wyoming — go get it if you can!

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