It’s August, so it’s time for higher prices

Monday, August 2, 2010, 2:15 PM: Price hike predictors, including myself, see what is going on in futures and wholesale market, and it is time to fill the tank. We have wholesale prices rising, to above $2.10, and that corresponds to retail prices with the usual profit of around $2.89. With prices everywhere below $2.79, that’s a recipe for a price hike. I’ll fill up tonight. — Ed Aboufadel