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0 comments Tuesday 11 Mar 2008 | Posted By Patrick | Commentary

We still have some catching up to do to oil prices. Expect $3.65-$3.70 to be coming down the line in the next few weeks as refiners (not at fault THIS time) pass on their higher crude costs (its the crude producers!) to the consumers.
ExxonMobil will be raking in the profit this quarter as they are [...]

2 comments Saturday 08 Mar 2008 | Posted By Patrick | Commentary

In light of recent data I’ve posted here (see the post below for charts), I’d like to see what consumers in our area would rather have.
We *all* know that a large chain has significant influence on prices, so without further delay…
Would you rather see a LARGE price swing once a week (IE from 2.99 to [...]

6 comments Friday 07 Mar 2008 | Posted By Patrick | Commentary

Here are some charts from GasBuddy.com; lets see if you can figure out where I’m getting at. Look at the charts and carefully look what 3 areas I’m charting (If you see Texas, it is simply used as a baseline because the state lacks a retailer that owns a large portion of the gas stations [...]

0 comments Friday 07 Mar 2008 | Posted By Ed Aboufadel | Commentary

Comment on Wednesday’s posting:  AXXIS jumped 15 cents from Wednesday to Thursday, so we got a price hike on Friday to $3.35.  My prediction was WRONG.
Friday, March 7, 2008, 12:45 PM:  On Wednesday, I asked, “Isn’t the annual March ramp of gas prices coming soon?”  Looks like it has started today!  At about 9AM this [...]

0 comments Friday 07 Mar 2008 | Posted By Patrick | Announcements

Something happened with Speedway jacking up its prices overnight, with all stations now seeming to be holding out at $3.35.
I can’t really find a justification for over $3.19, and expect prices to fall back to this mark pretty quick.

0 comments Wednesday 05 Mar 2008 | Posted By Ed Aboufadel | Predictions

Wednesday, March 5, 2008, 1:30 PM:  AXXIS prices continue to run 18 cents below NYMEX prices, and Patrick recently quoted someone at OPIS who said that the upper Great Lakes is one of the weakest markets right now for gasoline.  The high NYMEX prices seem to be affecting the two coasts a lot more.  In [...]