Comment on the June 23 prediction: CORRECT, as prices rose to $2.89. Then they went to $2.95 last week.
Wednesday, July 10, 2019, 3:30PM: So, I was going to predict a price hike this afternoon, but I see we have one to $2.99. Anyway, here are the comments I wrote earlier this afternoon to post:
The stock market is at new highs this afternoon, and there is a general feeling that the economy is doing well. But, manufacturing appears to be stagnating globally, and there are other signs that we may be heading into a recession. So, the Fed is making noises that it will cut interest rates, and today commodities like gold and oil are rallying. Oil is rallying enough that we moving into possible price-hike territory for local gas prices, on Thursday or Friday. Back to $2.95? -EA