Comment on the January 24 posting: Prices re-set on Friday of that week, after wholesale prices jumped, so let’s call it WRONG.
Monday, February 13, 2012, 6:45PM: Sorry for the lack of writing lately. I haven’t been sure what to say. Wholesale prices jump around, and we get a price hike in one place, but not the other. But what is going on today? It seemed like we were setting up for a price reset to $3.49, but Chicago wholesale prices dropped a lot today, and we are now in a situation where we seem to be enjoying wholesale prices which are 50 cents cheaper than New York wholesale prices! So, here’s the game plan for the rest of the week: retail prices in Speedway country should continue to drop, maybe as low as $3.09, but if anything happens to cause the Chicago wholesale prices to shoot back up, we’ll get a price hike. Keep an eye on the price signs! -Ed Aboufadel