Spike highly probable Tuesday
Looking at the numbers, the averages here in the Speedway states are low compared to
Looking at the numbers, the averages here in the Speedway states are low compared to
Using my formula, a price re-set would be in the range of $2.59-$2.64.
I hate times like this. I am 50-50 on whether we get a spike tomorrow.
The numbers suggest (with Indiana at -3 cents margin and Michigan holding on at 1.8
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.
It looks like speculators are getting the boot when it comes to gas and oil.