Comment on the August 20 prediction: Prices rose as predicted, to $3.69, a bit less than expected, but still CORRECT.
Tuesday, August 27, 2013, 8:45PM: Almost certain to see prices rise on Wednesday. The key driver is the new tension with Syria, which has sent wholesale oil and gas prices up. That it is the end of August, when prices often see their high for the year, isn’t helping. I’m estimating a price to retailers of $3.65, and with retail prices as low as $3.50 in town, we could see $3.85 tomorrow. –Ed Aboufadel