Comment on the November 18 posting: In the comment section, Jim Kaplan wrote, “At least in Chicagoland, hikes in the 3 days before Thanksgiving are very unusual. I’m not sure I recall one.” He was correct, and I was WRONG.
Sunday, November 25, 2018, 7:00PM: Oil and wholesale gasoline prices got roasted on Friday, and that’s why you see $2.00 a gallon in northwest Kent County (Michigan). Let’s enjoy it while it lasts, but before that latest sell-off, we were in price hike territory, so any reversal to the upside in the energy markets, and I think Big Red will try to reset into the $2.30’s. Until that happens, seek out $1.999. -EA