Monday, September 13, 2004

Futures are up today, after being down on Friday, so not much information there. The cheapest gas in town is about $1.80 right now versus a price-restored price of $1.89. So, it seems that if we see some price drops towards $1.70, there will be a price hike on Thursday. If oil and gas futures climb a lot this week, there will also be a price hike on Thursday. On the other hand, if prices stay around $1.80 without the futures going up, then there will be no price hike. There, that covers all my bases. Perhaps it will be easier to see on Wednesday what’s going to happen.

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