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36 comments Sunday 14 Apr 2013 | Posted By Ed Aboufadel | Commentary, Predictions

Comment on the April 3 prediction:  Prices have continued to drop, as predicted.  CORRECT! Sunday, April 14, 2013, 10:45AM:  For those who follow the comments on the blog, you know that this past week, Bloomberg stopped providing free quotes for the “Chicago CBOB” prices, and these prices have been very useful to estimate the price [...]

12 comments Sunday 24 Feb 2013 | Posted By Ed Aboufadel | Commentary, Predictions

Sunday, February 24, 2013:  6:30PM:  Wholesale prices rose 6 cents on Friday, while retail prices (in Standale) fell by a dime.  I calculate a price to retailers of $3.77 right now, and since that is a typical price in the area, we need to go on price hike alert.  New price coming in the next [...]

7 comments Monday 11 Feb 2013 | Posted By Ed Aboufadel | Commentary

Comment on the February 6 prediction:  Exactly as predicted, prices rose to $3.79 on Thursday.  That was CORRECT!  But where did this new hike to $3.89 come from? Monday, February 11, 2013, 6:00PM:  Wholesale prices rose another 7 cents on Friday, so we got a hike today to $3.89.  Does that explain it?  Or it [...]

16 comments Thursday 31 Jan 2013 | Posted By Ed Aboufadel | Commentary

Comment on the January 14 prediction:  They waited until the end of that week to hike prices, so the prediction was WRONG. Thursday, January 31, 2013, 2:35PM:  Arrggh.  With my recent travel and work schedule, it has been hard for me to keep up.  I updated my charts late last night, and saw the possibility [...]

29 comments Wednesday 02 Jan 2013 | Posted By Ed Aboufadel | Commentary, Predictions

Wednesday, January 2, 2013, 7:20PM:  Happy New Year!  Over the last few years, we’ve pointed out a pattern of gas prices being in line with stock prices.  This made sense as financiers create more and more instruments to trade gas and oil like stocks.  Lately, though, there has been a disconnect, and we’ve seen it [...]

5 comments Wednesday 26 Dec 2012 | Posted By Ed Aboufadel | Commentary, Predictions

Comment on the December 14 prediction:  It was possible to get gas under $3 in the region, but difficult to find that price in Grand Rapids.  But prices did keep falling until December 20, so I am going to rate that last prediction 1/2 CORRECT, 1/2 WRONG. Wednesday, December 26, 2012, 8:15PM:  I can’t take [...]