Friday, July 26, 2002

Gas prices have been drifting lower all week. Today in Standale, they are $1.41. I expected a price hike on Thursday and I filled the tank, but I was wrong. Gasoline futures are a little strange — the August contract is high, but the September contract has been falling. Nevertheless, I see $1.49 in my crystal ball next Wednesday. WRONG! WRONG! WRONG! July was a bad month for prediction.

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