Comment on the January 5 prediction: CORRECT as stated, as prices rose to $2.69 on Tuesday.
Sunday, January 12, 2020, 6PM: The story of the week was gold, which spiked above $1600 Tuesday night on news of new violence in Iran/Iraq, but settled down quickly on Wednesday. Oil followed suit, and margins for gasoline retailers are about where they were with Tuesday’s hike. So, I am not worried about a price hike this week, but wow, already down to $2.43 on Michigan Avenue downtown! -EA