Today, six days before a possible invasion of Iraq, the local Amoco (owned by BP) stations started speculating on gas prices again.
Yesterday, $1.639 (while everyone else was around $1.589). This morning, $1.759 (while everyone else was still around $1.589). This afternoon, $1.699 (while many stations were still around $1.589). I expect everyone will be around $1.689 in the morning.
And we’re told that there’s no speculation going on out there on our fuel prices, and no collusion among gas companies.
Personally, I think gas will near $2/gal come Monday’s deadline to Iraq.