Gasoline wholesale prices PLUMMET!

Gasoline prices plummeted over 4% today (over 10 cents per gallon) on the wholesale market. Could this be the start of a major correction? Its very much a possibility. I earlier predicted a price hike today, and since we haven’t gotten one today, I’m going to say that we are no longer in major danger of a price hike with today’s nosedive.

Ed makes some very good points in his post below, be sure to read them!

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