With prices falling locally and wholesale prices remaining relatively flat, we’re close to a price hike.
I am led to believe that odds are against a hike, but it’s very close. If you need gas and can find it on your next trip out for less than $2/gal, I would definitely fill up. I’m nearing “E” and need gas soon, but I’ll probably wait until Monday.
The DOE report released today was excellent, and I don’t see any reason why prices should rally in the future. I expect that crude prices slowly fall over the next few weeks unless the economy makes some remarkable comeback.