Jul 07, 2014
"Wholesale Gasoline is down 2 cents a gallon..." You're substantially smarter than most by staying on top of it like that. They've also been buying a lot of contract here at these lower prices, like they did back in May and April when they bought ahead of time. It helped to keep the prices down at the pump. As far as Iraq and other areas, just like Libya being in the news about not pumping or shipping oil out like they did, I knew it was coming two to four years ago. It'll be worse yet at some point, though I do expect prices to fall a bit at some point. We'll never see it down below $2.25 a gallon though this time around.