The Gas Game Welcome Guest | Login or Register

0 comments Sunday 30 Nov 2003 | Posted By Ed Aboufadel | Predictions

If there’s a price hike this week, it would be up to $1.53 or so. The 0-margin price is about $1.30. Since prices in town are currently ranging from $1.41 to $1.53, there is a room for prices to fall, but Mr. Big could also order up a price hike. So, at this moment, [...]

0 comments Monday 24 Nov 2003 | Posted By Ed Aboufadel | Predictions

Wholesale prices are just where they were a week ago. Since retail prices have dropped just a bit since Thursday, I say we will enjoy a holiday week without a price hike. See you next week. There was no price hike near Thanksgiving: CORRECT!

0 comments Tuesday 18 Nov 2003 | Posted By Ed Aboufadel | Predictions

Wholesale prices continue to rise — the price of a barrel of oil is up 10% since the beginning of the month. Meanwhile, retail prices of gas are down to $1.44 in the area, so I am expecting another price hike later this week, to around $1.58. A rare perfecto — prices rose [...]

0 comments Monday 10 Nov 2003 | Posted By Ed Aboufadel | Predictions

I’m convinced that the Chicago Summer Premium is over, but what is up with the wholesale price of a barrel of oil? That jump last week from $28.47 to almost $31 will show up quickly at the gas pumps. So, sadly, I see a price hike this week, to something over $1.50. [...]

0 comments Tuesday 04 Nov 2003 | Posted By Ed Aboufadel | Predictions

Regular readers of my postings know that I have been struggling with whether or not to continue to factor in the difference between Chicago and New York wholesale prices that occur every summer. (I can get NY wholesale prices over the Internet, but not Chicago’s.) Last week’s price hike indicates that the price [...]