Carnac the Magnificent
May 6, 2008 11:27 AM Subscribe
Can gasoline futures
be used to predict the price we will pay for fuel at the local pump?
posted by netbros to Work & Money (8 answers total) 1 user marked this as a favorite
Used to be a gasoline price jump at the pump would be just a penny or two, hardly noticeable. Lately, the price seems to increase 12-15 cents at a time. By studying gas futures, can we know which days are likely to have the next price increase, enabling us to top off the tank the day before?