Since Tuesday’s price hike, wholesale prices have jumped more than 10 cents, if NYMEX is to be believed. That means another price hike is coming, if not today, then on Tuesday the 3rd, to at least $2.39 a gallon. A perfectly CORRECT prediction, as prices rose on Friday to $2.39. I don’t [...]
0 comments Friday 30 Dec 2005 | Ed Aboufadel | Predictions
2:15PM: Retail prices went up last Wednesday, but then wholesale prices started heading down, by almost 12 cents. Retail prices should follow, what with the $2.39s and $2.35s all around town, still. So, I predict no price hike this week, and to those who observe, a Merry Christmas! There was [...]
0 comments Monday 19 Dec 2005 | Ed Aboufadel | Predictions
10:30AM: I am planning to devote some time before the new year reflecting on how gas price behavior in 2005 was different than in previous years. Last week is a good example, as we got two price hikes — on Monday and on Friday. Before 2005, we never got a price hike [...]
0 comments Monday 12 Dec 2005 | Ed Aboufadel | Predictions
9:30AM: It was nice to see prices drop back to $2.09 along Lake Michigan Drive over the weekend, but I was worried about the continued rise in wholesale prices last week and this morning, so I was going to predict another price hike for Tuesday. But, according to grandrapidsgasprices.com, that price hike is [...]
0 comments Monday 05 Dec 2005 | Ed Aboufadel | Predictions
12:00PM: When I updated my spreadsheet this morning, I didn’t like what I was seeing, as wholesale prices had gone up sharply the last two days. I was going to post something about prices not going down this weekend, but had to run to a 3-hour meeting. By the time I got [...]
0 comments Friday 02 Dec 2005 | Ed Aboufadel | Predictions
