Comment on last week’s prediction: Later that day, a hike to $2.43, so the prediction was CORRECT.
Thursday, December 28, 11:15 AM: Happy Holidays to All! Look for prices to continue their gentle slide through the New Years weekend. This morning, the 20-cent margin price is about $2.30, as wholesale prices have [...]
0 comments Thursday 28 Dec 2006 | Ed Aboufadel | Commentary
Seasons Greetings and Merry Christmas (albeit a bit early)!
Figured that with all the holiday traveling bound to happen this weekend, I would keep you updated on what to expect! =)
At the time I’m writing this (4:30pm EST) gasoline markets have “closed” down about 3 cents. We’re down to $1.65 per gallon for wholesale gasoline, which [...]
0 comments Thursday 21 Dec 2006 | Patrick | Status Update
Comment on last week’s prediction: It was a CORRECT prediction, as prices jumped to $2.34 on the 14th.
Monday, December 18, 8:05 AM: According to NYMEX, wholesale prices have ramped up 11 cents since the middle of last week, and I calculate the 20-cent margin price as $2.44 a gallon. So, it appears a price hike [...]
0 comments Monday 18 Dec 2006 | Ed Aboufadel | Predictions
I know we just saw a hike last week Thursday, but things have changed
since then (and not for the better). Wholesale gasoline prices have
gone up about 7-10 cents and sit at 1.70-1.72, a level that brought the
price of 2.43 to the Grand Rapids pumps in the Spring.
Unfortunately, I think gas stations will pass this surge [...]
0 comments Sunday 17 Dec 2006 | Patrick | Predictions
Well its been a while since we’ve seen a price hike, but enjoy $2.10
(and less, according to GRGP.com) while it lasts. Today’s DOE report
showed some bad numbers for crude oil, gasoline, and distillate
inventories. They all fell, some more than expected. As for the Chicago
Discount we’ve been seeing for the past week or so, expect that [...]
0 comments Wednesday 13 Dec 2006 | Patrick | Predictions
Comment on last week’s prediction: What? No price hike so far in December? That means the prediction was WRONG.
Wednesday, December 13, 8:45 AM: Thank you, Speedway and competitors, for the cheap prices the past several days. With the 0-cent margin price at about $2.11, a price hike last Thursday already [...]
0 comments Wednesday 13 Dec 2006 | Ed Aboufadel | Predictions
