Comment on the October 7 posting: CORRECT, as prices have been falling for two weeks.
Wednesday, October 17, 2018, 7:30PM: Although our data feeds have been less reliable lately, what is clear is that energy prices are falling a bit, and today oil prices dropped below $70. Wholesale gas prices have taken a hit, and we are down to $2.62 on Alpine Avenue. What is puzzling is that prices on Lake Michigan Drive, which is my main focus, are the highest in the region. So, don’t buy gas there if you can help it. Going forward, it is difficult to make the case for a price hike on Thursday. I think we don’t have to worry about a quick fillup until next week. -EA