Using my formula, a price re-set would be in the range of $2.59-$2.64.
Month: July 2009
Too close to call
I hate times like this. I am 50-50 on whether we get a spike tomorrow.
Spike possible tomorrow, but not likely
The numbers suggest (with Indiana at -3 cents margin and Michigan holding on at 1.8
Coming up next, price re-set to $2.49.
We are at the point where rising wholesale prices are colliding with dropping retail prices, which means a price hike is on its way. I predict a re-set to $2.49 a gallon, except for the handful of gas stations still at that price.
New week, prices should still fall
It looks like speculators are getting the boot when it comes to gas and oil.
Focus turns to the futures market “casino”, Goldman Sachs
It looks to me like powerful people are starting to pay serious attention to how
