Comment on the June 9 prediction: Yes, we were safe until Tuesday morning, when prices rose to $2.79, so that prediction was CORRECT. I didn’t see that price hike coming on Tuesday, though.
Friday, June 18, 2010, 12:45PM: Wholesale prices have been on an uptrend since May 25, which are inflating retail prices. Short term, there’s nothing to predict — should be a quiet weekend with no gas price wars, and a hike next week will depend on how the stock and commodity markets do on Monday and Tuesday. Looking ahead to the rest of the summer, we typically get high prices for the year in August, but I don’t have a strong opinion about whether 2010 will hold that pattern or not.