Archive for the 'Commentary' Category

Wholesale gasoline poised to have biggest fall since post-Katrina!

…At least as far as I can remember.
Wholesale gasoline is trading nearly 17 cents LESS per gallon… meaning WAIT to fill up if possible.
You can thank the DOE weekly report, lower demand, and higher supply. But don’t for one second think this means you can go back to that parked SUV anytime soon…
Patrick

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$4 in Seattle, too, and hard to sleep

Comment on the May 19th posting:  Prices re-set early last week to $3.99, as predicted.  Then they went up again at the end of the week, briefly to $4.19, but on Memorial Day, we are back to $4.09.  So the prediction was CORRECT — Speedway did resist going over $4 as long as possible — [...]

Speedway takes one for the team, rasises prices minimally to $3.99

As of a few moments ago, Speedway has set the price of $3.99 at many of their Michigan, Indiana, and Ohio locations. This is a rare instance in the fact that Speedway is pricing gasoline the same in these states. Seems to be that they are favoring the consumer here and not going over $4 [...]

Drivers force independent gas station to lose thousands

As you may or may not know, last night a Citgo station in Kentwood (52nd and Kalamazoo) was priced at $3.87 on the street. However, once at the pump, customers noticed the $2.87 and greedily filled up without saying one word to the station’s employees.
It is appalling to me that this went on for nearly [...]

Shock and Awe. Winter to Summer Picture Blog

Today:
The shocker from a few months ago:
Now, dare I say I could get gas and dine out for the same price as getting gas today?
Sorry to put you all through the pain.
Patrick

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Meijer jumping before Speedway!?

That’s right, I just got a Meijer text message stating that their prices are going to increase after 1:30, so I’m not quite sure what is going to happen with Speedway. EDIT: I have made sense of this- the text message I got was for the Indianapolis area, however, Speedway hasn’t shown a hike yet [...]

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