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3 comments Monday 18 May 2009 | Posted By Ed Aboufadel | Predictions

There’s definitely a price hike coming, tomorrow or Wednesday, to something about $2.39.

0 comments Thursday 14 May 2009 | Posted By Ed Aboufadel | Commentary

Be extra vigilant for the guy with the number stick on Friday.

5 comments Sunday 10 May 2009 | Posted By Ed Aboufadel | Commentary, Predictions

Sunday, May 10, 2009, 9:00 AM:  The stock market climbs 10% in two weeks, with bank and energy stocks soaring even more, and wholesale energy prices do the same.  Last week, NYMEX climbed by 19 cents a gallon, which led to the Tuesday price hike to $2.29 and the slow motion price hike this weekend [...]

0 comments Wednesday 06 May 2009 | Posted By Ed Aboufadel | Commentary

Wednesday, May 6, 2009, 7:30 AM:  Another price hike yesterday — to $2.29 — and it starting to feel a bit like the first half of 2008.  I write this because wholesale prices shot up 20 cents over the past week, so retail prices have followed, and we have our highest prices of the year.  [...]

2 comments Tuesday 05 May 2009 | Posted By Patrick | Predictions

Ouch! $2.29 across the Midwest with my benchmark station in Burns Harbor, Indiana skyrocketing overnight to $2.37/$2.49/$2.61! Wow! While the Midwest is suffering from regionally high gas prices, the higher prices should help funnel fuel from the South where refiners are thirsty for a better margin on fuel. I hadn’t made it official on TheGasGame, [...]

4 comments Tuesday 05 May 2009 | Posted By Patrick | Predictions

Looking at morning numbers briefly this morning before an interview on WOOD AM1300, I think I might have to announce that I’m expecting a price hike soon to $2.19! A quick look at closing prices on the market from late last week and yesterday:Thursday close $1.42Friday close $1.47Monday close $1.54 As you can see, wholesale [...]