Tuesday, May 23, 2006, 2:15 PM: Last week, stock and commodity markets fell, including the prices of gasoline futures contracts. So far this week, these markets are stabilizing, and today they are rising … together. In fact, gas futures are up 7 cents today from yesterday. With prices dipping below $2.70 [...]
0 comments Tuesday 23 May 2006 | Ed Aboufadel | Predictions
Hello to everyone from Sandusky, Ohio… America’s Roller Coast!
Looking like Grand Rapids (and Sandusky!) will be seeing a price hike as hurricane news has commodity investors coming back after last weeks sell-off. Current prices near me are down to as low as 2.59 for regular unleaded, and in Grand Rapids I see prices down to [...]
0 comments Tuesday 23 May 2006 | Patrick | Predictions
Yesterday, I signed up for Speedway’s “Speedy Rewards”. Am I moving to the dark side, or am I just a sucker for those frozen Pepsi’s? Maybe I’m just feeling good that they kept the price (barely) under $3, despite a strong run-up in wholesale prices last week. That run-up has turned around, [...]
0 comments Tuesday 16 May 2006 | Ed Aboufadel | Predictions
I said $2.59 by the end of the week, not $2.95! And here I am with a 1/4-tank. OK, so what happened here? Two things — first, it looks like averaging the unleaded and the reformulated blendstock price is the way to go right now, and the RB price was 30 cents [...]
0 comments Wednesday 10 May 2006 | Ed Aboufadel | Predictions
Monday, May 8, 2006, 12:30 PM: Wholesale prices are dropping today, and all indications are that we will see lower prices all week. It is possible some daring station posts $2.59 by the end of the week. That hike to $2.95 today means that I was seriously WRONG!
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0 comments Monday 08 May 2006 | Ed Aboufadel | Predictions
An interesting and long article on the front page of Sunday’s GR Press about gas prices. Some of it fits my experience, but I don’t agree with the calculation about stations losing money. I’ve been doing the Gas Game publicly for four years, and I have heard from many dealers, but no one [...]
0 comments Monday 01 May 2006 | Ed Aboufadel | Predictions
