Archive for April, 2007

Quick note: Watch out for a quick hike Monday!

Just a quick note:
While wholesale gasoline has dropped since its Friday high, its stillpossible we see a hike Monday back to 2.92-2.97.
I’d fill up Monday morning first thing just to be sure.
Prices indeed came down fast; but did they come down too fast?Perhaps so.
Chances are about 65% for a hike.
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Thanks to our Midwest Refiners… we could see $3 shortly.

OUCHHHHHHHH!!!
The latest:
Gasoline stockpiles fell by 5.5 million barrels, putting them in the lower half of the average range.
Refineries operated at 88.4% of capacity yet gasoline production has continued to lag (and fall, compared to last week)
Midwest PADD is NOW down to 48 million barrels!!
To BP’s refinery in Whiting, Indiana: WHAT ARE YOU GUYS DOING!? START [...]

Ugh Speedway! 2.95!??!

Speedway has JUST set the price of 2.95 in Michigan. I *JUST* filled
up for 2.75 ($42!! ouch)
Meijer has not yet sent a text message (might they not match
Speedway? That’d be wonderful! We’re in a fight, and MEIJER, the
local KING is battling for consumers?) We’ll see what happens with
that.
Wholesale prices do not support Speedway’s hike to [...]

Redesign: Like it or not?

If you haven’t noticed, I changed the website around, made it a bit cleaner, and more friendly for higher resolution screens. Things haven’t changed much- all the content is still here, the sidebar is now on the left instead of the right, and there is now a SEARCH feature! (Upper left corner)
Log in and comment- [...]

Price hike on Thursday — bank on it

Wednesday, April 4, 9:30PM:  Wholesale prices soared today.  (Did you see the letter in the Grand Rapids Press today complaining about the traders in New York?)  Look for a price hike tomorrow, April 5, with the new price in the $2.75-$2.85 range.

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