A quick note on filling up before I get into the “Big Prediction”:Keep your tanks near full. Wholesale prices have climbed to around 2.05, which might give us a hike to 2.69-2.72. Rather safe than sorry! Thanks to Meijer for keeping Speedway in check. Meijer raised prices to 2.55 while Speedway tried to jump to [...]
0 comments Tuesday 27 Mar 2007 | Patrick | Predictions
Seeing as how the last two weeks I called for hikes on Thursday or
Friday, I waited this week to make the Monday predict. So… heres the
Monday predict (and I’m pretty certain this one will be Monday)
Prices have risen to near $2/gal wholesale as worries from Iran drive
prices higher, as well as longer than expected refinery [...]
0 comments Sunday 25 Mar 2007 | Patrick | Predictions
Saturday, March 24, 4:15 PM: Wholesale prices surged at the end of the week to almost $2 a gallon, which puts the 20-cent margin price at $2.73 this weekend. With prices in the $2.39-$2.59 range this weekend, I would fill up on Sunday night, because prices are going up on Monday or Tuesday to somewhere [...]
0 comments Saturday 24 Mar 2007 | Ed Aboufadel | Predictions
Comment on last week’s prediction: Prices actually dropped to $2.39 by the weekend, making this prediction WRONG.
Monday, March 18, 2007, 4:30 PM: Last night, I’m thinking, “Well, I could predict a price hike for the third time in a row, and maybe I would be right this time.” I didn’t make that [...]
1 comment Monday 19 Mar 2007 | Ed Aboufadel | Commentary
Comment on last week’s prediction: We didn’t get a price hike on Monday, so the prediction was WRONG.
Wednesday, March 14, 2007, 7:30 PM: Using this afternoon’s closing prices, we have a 0-cent margin price of $2.45 and a 20-cent margin price of $2.66. As there are a lot of places in town with gas below [...]
0 comments Wednesday 14 Mar 2007 | Ed Aboufadel | Predictions
Finally after the last prediction, Speedway hiked their prices back to 2.59.I can’t say after reading the DOE report that things look good; they don’t at all.
Again,
refiners only utilized around 85% of their capacity, leading to another
fall in gasoline stockpiles. They dropped roughly 2.5 million barrels,
as distillate/diesel stockpiles suffered a bit more, down 2.7 million
barrels.
I [...]
0 comments Wednesday 14 Mar 2007 | Patrick | Predictions
