Monday, May 2, 2005

Well, that was a wild ride last week, with prices spiking to $2.35 for a day, then dropping again at most places, and this morning you can buy gas for $2.08 in town. The culprit has been the volatility in the wholesale market and the itchy trigger finger of whoever decides on price hikes. Wholesale gasoline is staying under $1.50 this morning, meaning we have a rendevous with $2 a gallon this week. A price hike Thursday is very possible, but it’s too early to be certain.