Comment on Monday’s Prediction: No price hike on Monday or Tuesday, and wholesale prices lower today. WRONG.
Wednesday, September 20, 2006, 8:30 AM: Wholesale prices down another 7 cents on Tuesday, making my Monday prediction of a price hike this week less likely. You know, we will be talking about August-September 2006 for years, “Remember when gas prices dropped 40% in two months?” Wow, were that many people holding gasoline futures contracts at the end of July, fearing hurricanes?