Friday 25 Aug 2006 | Posted By
Patrick |
Predictions
Happy Friday to everyone, finally getting some cheaper prices around town that I have been predicting for the last two weeks. Its nice to see 2.57 at the pump again, but it’s NOT going to last!
Currently, believe it or not, Michigan is seeing some of the cheapest gas prices in the nation- the lowest station [...]
Wednesday 23 Aug 2006 | Posted By
Ed Aboufadel |
Status Update
Comment on last week’s prediction: Prices have kept falling, slowly but surely, to under $2.70 as of the morning of August 23, so the prediction was CORRECT.
Wednesday, August 23, 2006, 8:30 AM: Welcome to my new web site for The Gas Game! The collapse in wholesale prices during the first week of August is finally [...]
Saturday 19 Aug 2006 | Posted By
Patrick |
Status Update
Prices in the Grand Rapids area have been steadily falling from 3.19 a few weeks ago to near 2.70. Prices should continue to come down, but as of Friday afternoon, the wholesale gasoline contract rose a few cents on continued worry about Iran and finally absorbing the inventory news from Wednesday. Wholesale gasoline closed about [...]
Thursday 17 Aug 2006 | Posted By
Patrick |
Predictions
Just an update on prices in the Grand Rapids area:
In my last e-mail about a week ago, I stated that prices would be coming down to perhaps 2.65 in a week or two, but now I might have to say that we might see 2.59 coming soon.
Wholesale prices continue to drop even though the DOE [...]
Monday 14 Aug 2006 | Posted By
Ed Aboufadel |
Predictions
Comment on last week’s prediction: Prices are falling, but slowly, not significantly, so 1/2 CORRECT, 1/2 WRONG.
Monday, August 14, 2006, 12:30 PM: Wholesale prices have fallen hard, including an 8-cent drop today. According to NYMEX (and CNBC), we have a wholesale price of $1.98, which corresponds to a retail price in the $2.50 to $2.75 [...]
Friday 11 Aug 2006 | Posted By
Ed Aboufadel |
Predictions
Friday, August 11, 2006, 9:30 AM: What a crazy week this has been. On Monday, we awoke to news of the Prudhoe Bay oil field being shut down, and hysterical warnings to fill your tanks before gas is $4 a gallon. On Thursday, we awoke to news of a foiled major terrorist plot. By the [...]