Monday, September 9, 2002

Once again, futures have moved up to close to 80 cents, and retail price is down below $1.35. Every time that has happened this summer, there was a price hike of at least 10 cents. It will happen again this week, I predict, but the question is when. Tuesday is possible, but because of 9/11, I’m guessing the gas stations wait until Thursday morning. Then, if we start bombing Bagdad on Friday, after Bush’s UN speech, there will be a second price hike. CORRECT! The price hike to $1.47 came Thursday morning. We did not bomb Bagdad.

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