Comment on the January 4 prediction: Prices rose to $3.19 on January 6, so the prediction was CORRECT.
Sunday, January 16, 2011: Wholesale prices have been steady at about $2.50 since Christmas. That has led to price re-sets to $3.19 when the retail price has gotten near $3. You can actually get gas for less than $3 at certain places around time, so we are primed for a price hike to $3.19 again, echoing what other commentators are saying. Monday? If not, then Tuesday. — Ed Aboufadel
Speedway has begun their spike. Michigan to 3.19, Ohio to 3.15.