Comment on last week’s prediction: We got the price hike, to $2.19 last Wednesday, and then another hike to $2.25 on Monday. Basically CORRECT.
Wednesday, January 31, 2007, 1:15 PM: Last Wednesday’s price hike to $2.19 brought out something we haven’t seen in a while: letters of complaint to the editor of the Grand Rapids Press. [...]
0 comments Wednesday 31 Jan 2007 | Ed Aboufadel | Predictions
Hello everyone! Hope your weekend went well.
I know we just had a price hike to $2.19 (a little steeper than it
should have been, thus it didn’t really last- prices fell fast to
$2.09-$2.15), but due to the colder weather and OPEC going through with
their supply cut as proposed, I think we’ll see a Monday AM hike.
Wholesale [...]
0 comments Monday 29 Jan 2007 | Patrick | Predictions
My little crystal ball is telling me that $1.XX gasoline is not going to last but another day or two. Current prices as low as $1.86 should be as low as we get. Wholesale prices have risen- for both gasoline and crude oil. As Bill Steffen could tell you, we are going to be seeing [...]
0 comments Tuesday 23 Jan 2007 | Patrick | Predictions
Comment on last week’s prediction: There was a price hike on Friday, to $2.05, but it was halfhearted and not universally followed, so the prediction was WRONG.
Monday, January 22, 2007, 2:30 PM: Wholesale prices have been falling since, well, last July, and they have shed 30 cents since December 19. Slowly but surely, retail prices [...]
0 comments Monday 22 Jan 2007 | Ed Aboufadel | Predictions
Woaaaa!! Where do I start?
How ’bout the DOE report.
Refineries operated at just 87.9% of capacity last week. The week before they were at over 91%! Whats changed? Profit. It most likely has been dropping like a rock. With lower profit, refiners aren’t encouraged to pump out products, so this doesn’t surprise me.
With the much lower [...]
0 comments Thursday 18 Jan 2007 | Patrick | Predictions
Comment on last week’s prediction: Prices fell to $2.10 or lower pretty much everywhere, and we are seeing $1.99 and lower in places, so the prediction was CORRECT.
Tuesday, January 16, 2007, 10:00 AM: Good morning. I am seeing Speedway prices in the range of $1.99 to $2.11, the 20-cent margin price as of Friday’s close [...]
0 comments Tuesday 16 Jan 2007 | Ed Aboufadel | Predictions
