Where to start?
Not really sure. The DOE Report this week was again terrible. Stocks
fell more than expected, and oil inventories didn’t rise as much as
expected. Refineries didn’t utilize their capacity well enough.
Concerns over summer driving, additional Iran sanctions, etc. Its not
a pretty picture.
Right now on the market, we’re up to 1.90+ for a gallon of gas at the
wholesale level. The lowest price in town is 2.38 (a BARGAIN! Get it
while its low!). Basically what I’m saying is FILL UP. We might see
2.65-2.67 tomorrow. If it doesn’t happen tomorrow (which is likely),
it will happen Monday. We’re on the up and up here! When will it
stop? I don’t see it stopping anytime soon. I do however, think it
will level off around $2.79. I really can’t see of ANY reason it gets
over that price level until the later spring months.
Fill up! $2.67 soon!
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