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1 comment Thursday 26 Feb 2009 | Posted By Patrick | Predictions

That’s right, I expect another good jump in gas prices, as soon as tomorrow (Friday) in many Speedway States. Speedway did not raise as high as anticipated resulting in a higher risk of a price hike sooner, and the wholesale market was up a large amount today.
Wholesale spot prices from Chicago rose 13-cents today and [...]

1 comment Thursday 26 Feb 2009 | Posted By Patrick | Predictions

I’ve just received early notice that Speedway will be raising to just $1.85 this morning, which is excellent news and much less than expected.
However, I’m still weary of another price hike soon.
We’ll continue to monitor the situation.

2 comments Wednesday 25 Feb 2009 | Posted By Ed Aboufadel | Predictions

Comment on the Feb. 17 prediction:  There was no price hike last week, so the prediction was CORRECT.

Wednesday, February 25, 7:50PM:  I just updated my spreadsheets, and I agree with Patrick that we’ll get a price hike tomorrow, because NYMEX shot up today, and tomorrow is Thursday.  I don’t think we’ll go over $2, though.

0 comments Wednesday 25 Feb 2009 | Posted By Patrick | Predictions

As I said earlier today, gasoline prices are likely to jump across all Speedway States as soon as tomorrow to $1.99 or even higher.
I’ll follow up and let you know what’s going on.
As you may know, Midwest prices have been seen as low as $1.59, much lower than the national average today of $1.891 [...]

0 comments Wednesday 25 Feb 2009 | Posted By Patrick | Predictions

Posted by mobile phone:That’s right folks- I need to keep this very brief. Market conditions have turned ugly this afternoon and prices climing higher for many reasons. I am led to believe that we will see a hike as soon as tomorrow to 1.99 or higher.More soon! Get gas!

2 comments Tuesday 17 Feb 2009 | Posted By Ed Aboufadel | Predictions

Comment on the February 7 prediction:  Hmmm.  Shell (yes Shell!) hiked to $1.99 on Monday, which matches my prediction, but the rest of the crew took their time, many waiting until Tuesday and their hike was to $1.95.  I’m not going to give myself full credit:  3/4 CORRECT, 1/4 WRONG.

Tuesday, February 17, 2009, 7:40PM:  It [...]