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4 comments Thursday 31 Jul 2008 | Posted By Patrick | Predictions

Today’s sneaky price hike was the result of a poor DOE report that showed gasoline stockpiles posting a surprising loss of 3.5mb when they were “expected” to rise marginally by 500,000 barrels.
The market yesterday was up 14-cents per gallon. It’s a weak excuse to rise prices, as only stations that bought gasoline today and late [...]

0 comments Monday 28 Jul 2008 | Posted By Ed Aboufadel | Commentary

Monday, July 28, 2008, 8:30 PM:  Yeah, I’ve been kind of busy lately, with no time to post any updates or predictions, but with wholesale prices down 50 cents a gallon the past few weeks, it has been nice to watch that drop trickle down to the retail level.  If my calculations are correct, we [...]

8 comments Wednesday 23 Jul 2008 | Posted By Patrick | Predictions

A good DOE report, good news here, good news there, congress acting… blah blah… prices are falling!
Wholesale gasoline prices, as you can see from the ticker on the left have been taking another beating this afternoon after a quiet morning.
Prices at this hour are down nearly another 11-cents… meaning nationwide price averages definitely should be [...]

1 comment Tuesday 22 Jul 2008 | Posted By Patrick | Predictions

With news from major forecasting firms that project Dolly to miss major Gulf rigs and refineries, traders are busy selling off their contracts for gasoline and oil.
As you can see on the ticker on the left, gasoline is down nearly 10-cents/gal and oil is down over $4/bbl.
Hopefully this continues, and MAYBE we can see $3.89 [...]

1 comment Monday 21 Jul 2008 | Posted By Patrick | Commentary

With one simple visit to TheGasGame.com, consumers can now see delayed trades of oil and gasoline futures!
TheGasGame.com is your complete source for beating high gas prices, and adding this information on the website will give consumers one less place to find the information. Wholesale oil and gasoline futures are traded on the NYMEX exchange and [...]

2 comments Friday 18 Jul 2008 | Posted By Patrick | Commentary

THIS POST EDITED AT 4:20PM EDT 7/18/08
Speedway Station at Michigan and Fuller STILL charging $4.25 as of Friday mid-morning!

[IMAGE: Cost to large branded station (AS LOW AS) $3.67 VS Retail Price, as high as $4.25]