Prediction: No Halloween Hike

Comment on last week’s prediction: Prices rose to $2.29 on Wednesday, so the prediction was basically CORRECT.

Tuesday, October 31, 9:00 AM: Although by last Wednesday, we were looking at wholesale prices of about $1.60, the numbers on NYMEX plunged on Monday, so that the wholesale price is about $1.46, making the 0-cent margin price about $1.96. Since the cheapest gas in town this morning is $2.15, prices have a lot of room to fall, and I predict they will. Expect no price hike this week.

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