Monday, June 30, 2003
By my calculations, retailers are currently breaking even by selling gas for $1.41 a gallon.
By my calculations, retailers are currently breaking even by selling gas for $1.41 a gallon.
Since peaking on June 11, wholesale gasoline prices have been drifting lower, and so have
Futures peaked last Wednesday, then dropped signifcantly the rest of the week. That puts the
Futures did jump again on Friday, so it is time to re-evaluate. On June 1,
Trying to make sense of this week’s price hike to $1.67, my guess is that
I’ve been traveling a bit, so I didn’t post on Monday. Futures prices have been