Price hike? Flip a coin!

Wednesday, August 20, 2008, 4:30 PM:  AXXIS prices have gone down 12 cents since the last price hike, but NYMEX prices have gone up. I suspect that, all-in-all, wholesale prices are down a bit (particularly given my silly August formula from my last posting), but at the same time there are a lot $3.78’s around, which may be getting close to the 0-cent margin price.  So, it seems like 50/50 again about a price hike tomorrow or Friday, so I’m again going to bail on making a prediction.  If you see gas for more than $3.84, though, keep driving, possibly to Wyoming or Lowell.

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  1. Hike to 3.89 today

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