Comment on last week’s prediction: What? No price hike so far in December? That means the prediction was WRONG.
Wednesday, December 13, 8:45 AM: Thank you, Speedway and competitors, for the cheap prices the past several days. With the 0-cent margin price at about $2.11, a price hike last Thursday already would have fit the patterns of behavior that we monitor. But, it is Wednesday morning, and prices most everywhere are below $2.20. I don’t think the DOE report today is going to move things much, so I predict there will be a price hike today or tomorrow, with the new price in the neighborhood of $2.33.