Comment on the December 15 prediction: We got the rest that Wednesday, so the prediction was CORRECT.
Sunday, December 29, 2019, 2PM: It looks like commodities bottomed out in August, when oil traded at about $51 a barrel. More upward action last week in oil, now at almost $62 a barrel. That’s why we got the price hike on Thursday, and it appears the typical late December-May upward move in gas prices has started. I usually don’t look ahead several months, but I think we’ll see $3 gas again in 2020. But, for the coming week, we appear to be safe from another price hike.
Thank you to all our readers for following us in 2019. More to come in 2020! -EA