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0 comments Thursday 25 Feb 2010 | Posted By Ed Aboufadel | Commentary

I’m going to be on “expect a hike” alert the next five weeks.

2 comments Thursday 07 Jan 2010 | Posted By Bill Eby | Commentary

Indy Star says $3 by the weekend, $4 by summer.
http://www.indystar.com/article/20100107/LOCAL18/1070450/Gas-expected-to-hit-3-within-days

I say it isn’t happening.  The markets have been pretty flat this week after the push that brought us $2.799.  We are actually down one cent from Monday’s close.  It would take a big push up on the Chicago market to justify $3.  It’s just not happening.
As [...]

0 comments Tuesday 29 Dec 2009 | Posted By Ed Aboufadel | Commentary

Comment on the December 15 prediction: Prices re-set that Thursday to $2.55, so the prediction was CORRECT. Two more hikes have followed since.
Tuesday, December 29, 2009, 1:45PM: Well, we got a price hike to $2.69 late yesterday, due to rising wholesale prices the past two weeks. It probably goes hand-in-hand with [...]

4 comments Tuesday 01 Dec 2009 | Posted By Bill Eby | Commentary

Recently there was an article and news story on WCPO in Cincinnati about Speedway. In it they said a lot of things TheGasGame readers would already know, plus something I found interesting at first, and one outright falsehood.
They come right out of the gate letting us know Speedway’s secret: Real estate.
“We wanted [...]

4 comments Sunday 25 Oct 2009 | Posted By Ed Aboufadel | Commentary

…instead, the dollars are finding their way to the stock, bond, and commodity markets, leading to a rousing rally in stocks, and higher gas prices. We have the potential for another 10-cent hike on Monday or Tuesday, but it is hard to be certain right now.

0 comments Friday 09 Oct 2009 | Posted By Ed Aboufadel | Commentary

My gut instinct is not only that we go lower the next few days, but that $2.55 may be the high price for the rest of the year.