Watch out for a possible gas price hike to $3.25-$3.29 tomorrow or Tuesday. Prices have drifted lower and wholesale prices have been similar to riding the Magnum (R) lately.
I filled up this evening for $3.14/gallon… odds are pretty high that we see this hike passed on.
FYI- The latest DOE report still had Midwest gasoline inventories near a record high at 59million barrels, which is good news.
Diesel should fall back below $4 in a week or two.