It is typical that in January we will see a rise (in prices), this year it looks particularly volatile.

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The refineries are making the money. Most refineries also are in the crude business, so they make money on both sides.

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Given the crude price hikes, pump prices should top $3 a gallon in the next week or so.

200

DOE is right-on with its estimate. But we will see a lot of spikes outside of the forecasted range in April and May, maybe as high as $3 a gallon around Memorial Day, before trailing in June and July.

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