Thursday, August 7, 2003

I go out of town for a week, and gas prices go crazy. What are we doing at $1.69 a gallon? Well, it looks like two things happened. One, futures prices shot up somewhat late last week. Second, it seems like the full 10-cent Chicago Summer Premium is back. (Trying to get a handle on the extra money we have to pay for gas in the summer is really a challenge.) I’ll add that today’s Wall Street Journal has an article about a new squeeze in gasoline supplies, because gasoline demand (and it appears, the economy) is picking up in the second half of the summer. This is beginning to look like a bad month for filling up. More on Monday.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 1,755,256 bad guys.

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TheGasGame.com (c) All Rights Reserved Frontier Theme