Comment on the November 3 prediction: One of those absolutely CORRECT ones, time and price.
Sunday, November 17, 2019, 6:30PM: I am back today from a week-long vacation in Hawaii, visiting three of the islands. It is difficult to play The Gas Game in Hawaii — there are very few gas stations, and I am told that they all get their gasoline from the same source, other than some additives. On Maui, there is one way to play — have a Costco membership. I filled up the rental car yesterday for $3.14 a gallon vs. over $4 at Shell, etc.
Meanwhile, back in snowy Michigan, wholesale prices have been stable, while retail prices have been dropping. $2.17 on Alpine Avenue? Time for a price hike, probably in the neighborhood of $2.49.-EA