Comment on the August 5 prediction: One of my WRONGest predictions ever, as a jump in wholesale prices yielded a hike on the 7th.
Wednesday, August 13, 2014, 6:30PM: After last week’s price hike, wholesale prices bumped more, while retail prices did their typical slow drip lower. Looking at tonight’s numbers, we are right in the price hike zone, so I am going to take my car out for a meal on Thursday morning. Expected new price in Michigan: $3.69. –Ed A.