Monday, March 10, 2003

Wow, another move up in oil and gasoline futures late last week. Combine that with some sort of Chicago premium this winter, and a certain red-tinged retailer’s aggressive maintenance of their margins lately, and that means another price hike this week, to $1.89. I imagine this will happen on Tuesday, again. (The only time in my memory that gas was this price was the night of 9/11/2001.) Well, I was about 1/4 CORRECT and 3/4 WRONG. Prices didn’t go up until Thursday, and then only to $1.79, and then only at certain stations. By Saturday, prices were $1.72 again in Standale.