Friday 26 Aug 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on the August 18 posting: Prices did fall into the $3.40′s in some places, before the hike on Wednesday the 24th. Friday, August 26, 2011, 12:40PM: The price hike to $3.85 on Wednesday was a bit ridiculous (and unexpected), and the way to judge an overdone hike is to see what happens the next [...]
Thursday 18 Aug 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on Monday’s posting: A second WRONG in a row, as prices re-set on Wednesday to $3.69 in the Grand Rapids area. Thursday, August 18, 2011, 1:50PM: Yesterday’s price hike was not related to wholesale spike, just someone at Headquarters wanting to get those margins back up again. As I noted the other day, it [...]
Friday 24 Jun 2011 | Posted By
Ed Aboufadel |
Commentary, Predictions
Comment on the June 15 posting: No reset to $3.79. Reports of a reset to $3.69 yesterday that didn’t pan out. I guess the retailers were thinking out loud, too. Friday, June 24, 10:10AM: A couple of related items today: 1. Wholesale oil and gas prices really took a hit yesterday, putting the 0-cent margin [...]
Wednesday 01 Jun 2011 | Posted By
Ed Aboufadel |
Announcements, Commentary
Wednesday, June 1, 2011, Noon: Wow, what a hike to $4.19. My crystal ball has been rather foggy the past two weeks, but my friends at GasBuddy.com sent out a timely warning last night, and Bill also had a posting yesterday. Based on the way the market is acting so far today (lousy), maybe $4.19 [...]
Thursday 26 May 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on the May 18 prediction: Prices continued falling for a week, into the $3.70s, so that prediction was CORRECT. Thursday, May 26, 2011, 1:00PM: Unfortunately, I didn’t have anything to say before the hike to $3.99 yesterday. There is something going on with floods and refineries and the stock market that is causing wholesale [...]
Tuesday 03 May 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on the April 24 prediction: It was CORRECT, as prices rose the next day to $4.17. Then we saw $4.19 last Thursday, and $4.29 this past Monday. Tuesday, May 3, 2011, 9:00PM: I want $4.29 to be the high price for the year. You do, too. It would be curious if that turned out [...]