I smell a price hike coming

Comment on the January 22 prediction: I think that prediction was WRONG. Stocks sold off, but we had prices rise to $2.65 in different parts of the region, although there wasn’t a complete price hike.

Tuesday, February 2, 2010, 11:15 PM: Wholesale prices dropped significantly late last week, as did the stock market, and retail prices have been following. But, wholesale jumps the past two days means a price hike is coming on Wednesday or Thursday, to the neighborhood of $2.69. — Ed Aboufadel

Updated: February 3, 2010 — 12:11 am

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  1. Great minds think alike.

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