Comment on the June 12 prediction: It rhymes with DIRECT, yes we were CORRECT, as prices rose again to $3.09 on the 14th.
Sunday, June 24, 2018, Noon: For more than a generation, we’ve been dealing with OPEC decisions and statements. Some are like a mild breeze and don’t have any effect. Others, though, spark movement in the energy markets, and Friday was an example of this. Oil prices rose by more than $3 on Friday, and wholesale gas prices started to be pulled along, up five cents in one day. Combine that with prices falling below $2.89, and we are back in price hike territory, perhaps as soon as Monday. Looks like something like $3.09 again — fill up! -EA