Comment on the April 27 prediction: They waited until Thursday to give us the hike, and just to $2.59, so I will score this 1/2 CORRECT, 1/2 WRONG.
Wednesday, May 13, 2015, 3:00PM: Whoa — where did that hike to $2.69 come from yesterday? While we were getting close to price-hike territory, it didn’t look to me like we were that close. Best I can tell is that there was a jump in wholesale prices yesterday during the day, and our Red friends were more anxious than usual about it. In the bigger picture, oil prices have been continuing their slow-but-sure recovery from last year’s crash, and gas prices have been dragged along. So, we may be heading to $3 by summertime. That’s not a formal prediction, though.