Archive for November, 2005

Wednesday, November 30, 2005

9:00AM: The dramatic slide in wholesale gasoline prices that started at the end of August is continuing this week. Wholesale prices are a dime a gallon lower than a week ago, meaning the 0-cent margin price is $1.88 this morning (factoring in a -4 cents fudge factor that emerges every year at this [...]

Monday, November 21, 2005

2:30PM: With the 0-cent margin price at $1.99 this afternoon, and with prices below $2 around town, a price hike on Tuesday or Wednesday to around $2.20 is pretty much guaranteed. Fill up tomorrow morning, I say. I filled up the next morning for around $2. By that afternoon, prices [...]

November 21

Hello and Happy Holidays everyone!
It has been a long time since I’ve dispatched a hike warning e-mail
(October 16 was the last!)
I am looking for a gas price hike to 2.14 to 2.24 (probably right in
the middle, 2.19) either tomorrow (Tuesday) or Wednesday!
Fill up this evening, or tomorrow first thing!
Happy Thanksgiving

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Wednesday, November 16, 2005

1:00PM: Last week’s scattered price hike indicates that we can start using the NYMEX futures prices again with confidence. Since the price hike, the futures have dropped almost a dime a gallon, putting the 0-cent margin price at about $2 even today. With $2.07 on Alpine the lowest price right now, and [...]

Monday, November 7, 2005

1:45PM: I’ve been doing about as well as a coin flip since late August, when Hurricane Katrina blew through. So, I apologize for being WRONG half the time, although I’m losing the Gas Game, too. So, what’s going on here? Wholesale and retail prices have been dropping like a stone since [...]