August 30, 2005

False Positive

Everyone is expecting gas prices to jump as a result of the hurricane, and I agree that an increase is likely.

I went out this morning figuring to see the first sign of increases. My usual station has been at $2.59 for a couple weeks now. I figured it would jump to like $2.65. But to my surprise it was lowered to $2.54!

Last time I saw prices dip at all, they jumped the next day. Look out.

Posted by jackhodgson at August 30, 2005 01:21 PM