Comment on the July 5 prediction: No hikes at all last week, so I was completely WRONG.
Monday, July 14, 2014, 8:00PM: Just so you know I practice what I predict, I topped off my tank twice last week, thinking a price hike was imminent. But, due to sliding wholesale prices, there was on-going pressure to keep retail prices down. However, wholesale prices have stabilized, and I’m seeing gas in the $3.20’s in Fort Wayne, and $3.30’s in Lowell, Michigan. By my calculation, the price to retailers is about $3.40. So, I’m going to fill up Tuesday morning, expecting a hike with a new price at least $3.69. — Ed A.