Expecting a hike on Monday or Tuesday

Saturday, March 14, 2009, 3:00 PM:  Since the March 5 hike to $2.05, NYMEX and AXXIS numbers have bounced around but are basically where they were at on that day.  Patrick is reporting that wholesale prices around Chicago have been pretty volatile down and back up, and that would explain $1.73 in Fort Wayne and $1.78 on Lake Michigan Drive today.  Based on NYMEX/AXXIS, I have to predict that prices re-set on Monday or Tuedsay to the $1.99-$2.09 range.

Also, on the AXXIS site, there is a note that after April 15, that free service will be discontinued.  I think they are on to us.
 

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