Although volatile, futures prices ended last week about where they began. Retail prices seem to have caught up finally, as I see the low end of gas prices to be about $1.30 right now. (However, looking at the numbers the past six months, I see that I need to recalibrate my formulas, which I will [...]
Archive for the Tag 'no prediction'
I heard this morning about a refinery fire this weekend in Toledo. It is keeping wholesale prices in the region higher than elsewhere in the country, so we could be in trouble, price-wise. No prediction for now, but be prepared for a quick fill-up if you see one station price unleaded above $1.60. Prices went [...]