Archive for September, 2002

Monday, September 30, 2002

0 comments Monday 30 Sep 2002 | Posted By Ed Aboufadel | Predictions

Now this gets tricky. Starting tomorrow, the refineries don’t need to make the special summer gas blends. These blends cause the “Chicago Summer Premium” which is built into gas prices right now. At the same time, it seems that when the stations raise prices lately, it has been to a 15-cent margin, [...]

Monday, September 23, 2002

0 comments Monday 23 Sep 2002 | Posted By Ed Aboufadel | Predictions

I filled up this morning. You should, too. While there is a small chance that we’ll go another week with prices drifting lower, I doubt it. CORRECT! Prices went up to $1.51 on Wednesday the 25th.

Monday, September 16, 2002

0 comments Monday 16 Sep 2002 | Posted By Ed Aboufadel | Predictions

Expect prices to drift down early this week. If the geopolitical situation remains stable, there will be no price hike late in the week, and prices will be in the $1.30’s. CORRECT!

Monday, September 9, 2002

0 comments Monday 09 Sep 2002 | Posted By Ed Aboufadel | Predictions

Once again, futures have moved up to close to 80 cents, and retail price is down below $1.35. Every time that has happened this summer, there was a price hike of at least 10 cents. It will happen again this week, I predict, but the question is when. Tuesday is possible, but [...]

Wednesday, September 4, 2002

0 comments Wednesday 04 Sep 2002 | Posted By Ed Aboufadel | Predictions

I leave town on Friday, and gas is $1.48. I come back on Tuesday, and gas is $1.36. Unless we attack Iraq this week, expect prices to continue down to below $1.30 as the week goes on. CORRECT, sort of. Prices have drifted down a bit, but not as much [...]

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