Apr 30, 2014
"Gas prices WILL go up this summer" Yes, they will at some point, but they're going to drop a bit more now. After looking at all the data, I'd say we'll be going down in price for the next week or so, and we've been dropping, though not by much, just like I expected. I'm thinking it'll be down another five to 12 cents at the max, then we're going to watch it go up. We should hit the bottom on the wholesale markets in somewhere between four to 11 days or six to 14 days, then we'll either go sideways for a week or so then we'll go up. Depending on events in the world, how much we continue to ship by rail, how much more we'll export, we will probably go up past the recent average highs of $3.70 a gallon around here by five to 19 cents a gallon. It'll be similiar for you from your recent highs.