Comment on my February 8 prediction: Prices fell for a few days, then rose a bit that Thursday, so I call this a PUSH.
Monday, February 29, 2016, 8:30PM: It is starting to look like gas and oil prices bottomed out on February 11, and stocks, too. Wholesale gas prices have practically doubled since then! There is enough scare in the markets to see them start “climbing the wall of worry” and to convince central bankers to try to goose the market up. We also know that gas prices usually rise the first four months of the year, and after a delay, I think we are back to SNAFU — situation normal, all …. Short-term, expect a price hike on Tuesday. Estimated new price: $1.89. — Ed A.