Comment on the July 25 prediction: We didn’t see serious price hikes, although there was a bounce of off $1.79 in Indiana. Basically WRONG.
Wednesday, August 3, 2016, 10:00PM: Bill Eby has done fantastic work for us the past several years, maintaining the Spike Line and Today in Oil pages. He is taking a well-deserved hiatus, and going forward we won’t be able to update those pages (unless a new volunteer steps forward). But, we will continue to try to predict gas price hikes, and I think we have one coming. Wholesale prices have tacked on a dime in the past week, while retail prices have been slipping, and it looks like we’ll have a hike on Thursday or Friday. I’m going to go with my $2.39 estimate, again, but we’ll see. — Ed A.