Expect prices not to fall this weekend; perhaps another hike on Monday?

Friday, March 9, 8:00 AM:  Just a quick note while on the road.  The hike to $2.59 could have been worse, based on wholesale prices earlier this week.  On GrandRapidsGasPrices.com, I posted a quick note Wednesday night predicting the hike yesterday, but I thought we would see $2.65.  Based on yesterday’s market action, the 20-cent margin price is $2.67 this morning.  So, unless something dramatic happens on NYMEX today, expect another hike on Monday to perhaps $2.69.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 1,618,661 bad guys.

 

TheGasGame.com (c) 2017 Frontier Theme