Archive for the 'Commentary' Category

Are we getting $3 gas this weekend?

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 [...]

Gas prices, stocks, ending the year on a high note

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 the stock market [...]

The Speedway Effect, Cincy style

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 to [...]

Consequence of Economic Action: Higher Gas Prices

…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.

CORRECT? WRONG?

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.

Competition Dries Up on Lake Michigan Drive

Citgo has gone out of business again, and they were the ones that pulled prices down.

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