Comment on the October 26 prediction: Prices rose the next day — CORRECT.
Wednesday, November 17, 2010, 2:30PM: Where have the last three weeks gone? We saw a spike up to $2.99 on SATURDAY, November 6, and prices have slowly been dropping since then. With the stock and energy markets all correcting since then, wholesale prices have headed down. I calculate the 20-cent margin price today to be about $2.91, so we have room to go down to $2.69. Since prices in the area are in the $2.76 to $2.99, I’m predicting some nice price drops at least through the end of the day Sunday. — Ed Aboufadel