Comment on the March 11 prediction: Prices did fall for a few days, and the situation apparently was different on Thursday morning, as we saw a reset, which didn’t fit my calculations. So, I am going to say WRONG.
Tuesday, March 21, 2017, 3:30PM: Prices want to go lower, but they are taking their sweet time. There’s a lot of $2.26’s around today, and if today’s wholesale drop of 5 cent holds, we are looking at a 0-margin price of $2.13, if I’m doing things right, so we have room to fall. It is hard to say at this time of year, as we switch to “summer gas”. Nevertheless, I’m going with the prediction that we won’t see a hike for the rest of the week. -EA