Comment on the May 20 prediction: $3.19 on May 22, as predicted. No hikes since then.
Sunday, June 3, 2018, 6:00PM: Oil prices recently maxed out on May 21, leading to a hike to $3.19 the next day. Since then, for a variety of factors, oil has dropped 8% helping gas prices to fall to as low as $2.71 in Sparta. We’ve seen this before, as an on-going drop in wholesale prices leads to retailers aggressively cutting what they are asking for a gallon, keeping their margins razor-thin. As a result, any rise in wholesale prices triggers a price hike. That’s due to occur this week, and with it, a reset back to … $3.09? -EA