Wednesday, January 8, 2003

Prices will go up this week … oops they already did. I was out of commission on Monday with a demonic sinus infection, but as I was driving to the doctor that afternoon, I saw gas in Jenison for $1.39 a gallon. That seemed weird, because I didn’t hear anything about oil prices falling dramatically at the beginning of the month. Looking ahead, expect the usual 1-3 cent drops each day into the next week. Unless one of the Iraq/Venezuela/North Korea situations escalates, there won’t be a price hike next week. CORRECT, more or less! The Jan. 7 price hike was followed by a big drop later in the week. Then, last week, prices fell slowly. Did the Iraq situation escalate?