Monday, July 7, 2003
With the added 10 cents for the summer, the 20-cent margin price is $1.67 this
With the added 10 cents for the summer, the 20-cent margin price is $1.67 this
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