Oh, joy. $2.49 yesterday? What’s up here? This morning, the 20-cent margin price is $2.25. Prices are cheaper in Chicago then here. I’ve checked around news sites and don’t see any news of refineries blowing up. So, either Speedway is tired of making only 20 cents a gallon, or [...]
Tuesday 28 Feb 2006 |
Ed Aboufadel |
Predictions
The joy of this little exercise is days like today when I and others can say, “That $2.39 is a rather extreme hike,” which is why a few places didn’t match it. Meanwhile, wholesale prices are lower than they were on Monday. So, if you can wait a day or two to fill [...]
Wednesday 22 Feb 2006 |
Ed Aboufadel |
Predictions
Wholesale prices are up 12 cents since bottoming out last Tuesday. With prices as low as $2.03 in town, we definitely have a price hike coming before Friday, and maybe even today, with a target price of $2.29. Prices rose the same day, to $2.39! A CORRECT prediction, although the target [...]
Tuesday 21 Feb 2006 |
Ed Aboufadel |
Predictions
I am really surprised with how wholesale gasoline prices have fallen this month. In the past two weeks, wholesale prices have fallen 37 cents, and we see the results at the pump — we are down to $2.06 this morning in Wyoming. It is these volatile times in the wholesale market that makes [...]
Tuesday 14 Feb 2006 |
Ed Aboufadel |
Predictions
Wholesale prices keep falling, down 5 cents yesterday. That puts the 0-cent margin price this morning at $2.19, and the 20-cent margin price at $2.40. Unfortunately, the Speedways in town are in the range of $2.22 to $2.30, which means we probably have a price hike coming on Thursday or Friday to around [...]
Wednesday 08 Feb 2006 |
Ed Aboufadel |
Predictions
Wholesale prices have really dropped the past few days, and we should be seeing it at the pumps. Expect prices everywhere to be below $2.40 by Monday, with prices in the $2.20’s in some places. That is exactly what happened. CORRECT!
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Friday 03 Feb 2006 |
Ed Aboufadel |
Predictions