Last week brought an unexpected jump in gasoline stockpiles! Analysts were predicting a drop of 400,000 barrels while a jump of 1.3 million barrels actually occurred. Demand is flat over last year as prices remain high.
We may see oil continue to climb as we saw another drop in crude oil inventories. However, we’re still in [...]
1 comment Wednesday 31 Oct 2007 | Patrick | Predictions
Comment on Tuesday’s prediction: Good plan! Prices hiked to $2.99 Thursday morning, so the prediction was CORRECT.
Friday, October 26, 4:30 PM: Yow — wholesale prices have ramped up the past three days, so it looks like another hike to $3.09 on Monday!
Bookmark to:
Hide Sites
1 comment Friday 26 Oct 2007 | Ed Aboufadel | Predictions
Tuesday, October 23, 9:00 AM: I’m down to a quarter-tank and I need to fill up today or tomorrow. Here is what I am thinking: We’re going to get a price hike this week, back to around $2.99, because wholesale prices haven’t changed much since the last hike, and you can find [...]
0 comments Tuesday 23 Oct 2007 | Ed Aboufadel | Predictions
Thursday, October 18, 3:30 PM: Although the $89+ oil prices are in the news, wholesale gas prices are not as perky. From September 20 until today, NYMEX prices are the same, AXXIS prices are 9 cents lower, while retail gas prices are in a $2.69-$2.99 range. $2.99 seems a bit high given that we had [...]
0 comments Thursday 18 Oct 2007 | Ed Aboufadel | Commentary
As oil prices jump to an all time high, expect gasoline to follow the road higher. I’m looking for a hike to 2.99 fairly soon here. I’d get gas first thing tomorrow. One thing is for sure, prices won’t go much lower.
I’ll be filling up at Costco ASAP.
Powered by ScribeFire.
Bookmark to:
Hide Sites
0 comments Monday 15 Oct 2007 | Patrick | Commentary
Comment on my 10/2 prediction: Well, there was a price hike last week, but it went to $2.89, so the prediction was WRONG. There was another price hike on October 11 to $2.95.
Friday, October 12, 4:30 PM: A combination of business at work and what I thought were benign wholesale gasoline numbers led to no [...]
0 comments Friday 12 Oct 2007 | Ed Aboufadel | Commentary
