Fill up Thursday morning

Comment on the June 5 posting:  We got a price hike last Friday, as predicted, but only to $4.09. But, I’ll take the CORRECT credit anyway.

Wednesday, June 11, 2008, 4:00 PM:  Wow!  NYMEX prices have been jumping up and down the past week in extreme ways, and today it is up.  I’m predicting a price hike tomorrow, to at most $4.29 but probably less than that.  Using the current prices on NYMEX with a 20-cent margin, we get $4.29, but Speedway and friends have been working with lower and negative margins lately, so that’s why I say “probably less”.  Prices like this are tough.  It would be better if we lived in Missouri.

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