With Monday’s big price hike, we’re done the week, right? So, let me tell you about the new Standale Gas Game, now that the Meijer’s gas station is open. We basically have four stations competing: the Speedway a few miles down across from Family Fare, the Marathon on the corner of Wilson [...]
0 comments Tuesday 29 Mar 2005 | Ed Aboufadel | Predictions
Well, turns out that for whatever crazy (and good) reasons, stations
opted not to raise prices last week like I told you. At the current
pricing they are indeed losing money on each gallon, unless it is a
huge station which can afford it. Anyhow, looking at market
indications, I would say that theres a 98% chance of a [...]
0 comments Sunday 27 Mar 2005 | Patrick | Predictions
GAS PRICE STATUS:
Currently, as of 1:30pm EST, I am calling for NO RISE TOMORROW.
However, this *may* change later today or tonight, in which case I
will dispatch another e-mail notifying you of this.
Comments on prices: Today we got a good and bad market report. First
off, CRUDE OIL inventories had a *large* gain (the API reported 8.8
million [...]
0 comments Thursday 24 Mar 2005 | Patrick | Predictions
Well, there has been additional after-market news that I believe will
send pump prices up tomorrow. The largest gasoline refinery in the
United States has killed several workers and halted production. This
refinery produces THREE percent of all United States gasoline.
Afterhours prices have gone up, and I believe prices will rise with
this news.
For the full story, follow the [...]
0 comments Wednesday 23 Mar 2005 | Patrick | Predictions
Despite drops in the wholesale market the last two days, it feels like a 50/50 chance of a price hike tomorrow — it just depends on how aggressive Speedway wants to be with their margins. The crystal ball remains cloudy, so no official prediction one way or the other. No price hike [...]
0 comments Wednesday 23 Mar 2005 | Ed Aboufadel | Predictions
Futures prices are 4 cents higher than a week ago, when we jumped to $2.25. That suggests a new price of $2.29 this Thursday. With the low price in town of $2.11, that could happen, but I’m not sure yet, because I think we’re going to see either a jump up or down [...]
0 comments Tuesday 22 Mar 2005 | Ed Aboufadel | Predictions
