Comment on the November 25 prediction: It was CORRECT, as prices dropped until December 5. We fell below $3 in some places.
Sunday, December 15, 2013, 8:00AM: Wholesale prices have held steady since the last price hike on December 5, but retail prices haven’t fallen much, either, so the risk of a price hike is small at the moment. It may look different on Thursday morning. Looks like $3 even is the floor right now. Another thing to consider is that December is typically the month of the year when gas prices are the lowest, so it is hard to predict that gas work its way down below $3 in the next few months. — Ed Aboufadel
p.s. After posting this, I see prices are at $3 on Alpine, so we may be closer to a price hike than I first thought.