Month: April 2018

Not Quite Three Yet

Comment on the April 9 posting: Prices rose on April 11 to $2.85. CORRECT!

Wednesday, April 18, 2018, 7:00PM: Oil prices keep dancing higher, closing tonight over $68 a barrel, the highest in two years. So, wholesale gas prices follow, and we are back in price hike territory. A price reset to $2.99 would get margins back to where they usually are after a hike, but I wonder if they’ll do something like $2.95 to be less dramatic and keep the media away. Should I start practicing typing $3+ for May? -EA

It’s One of Those Weeks

Comment on the March 28 posting: Prices rose to just $2.83, and on Saturday, as Big Red was trolling me. Have to mark that one as WRONG.

Monday, April 9, 2018, 8:00PM: Wholesale prices out of Chicago are up again, and we are back in price hike territory. Since this is only Monday, I’m sure we are going to see a hike this week, maybe as soon as Tuesday. At least back to $2.83, but probably higher. Fill up! -EA

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