Tough Week for Oil = Good Week for Drivers

Comment on the October 19 prediction: Prices rose on 10/21 to $2.15. That’s was a bit higher than I thought, but I still going to score it CORRECT.

Sunday, November 1, 2020, 10AM: Oil prices fell 10% since October 20, and wholesale prices have been following. So, we are set up for lower prices. Sparta, as usual, has been leading the way ($1.86 this morning), and by my calculations, don’t pay more than $2 even for gas right now. No price hike on the horizon. -EA

7 thoughts on “Tough Week for Oil = Good Week for Drivers

  1. Paid $1.769 this morning at Thornton in Bond Hill in Cincinnati. Even Stevie Wonder can successfully look for and find sub-$1.90 gas around here

  2. Never mind. $2.09 is quite a bit more than it was yesterday, so margins saved. And it appears EVERYONE went along with it.

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