Sunday 17 Apr 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on the April 6 prediction: Technically, I was WRONG. Some stations reset to $3.89 the next day, but the hike to $3.99 didn’t arrive until Monday the 11th. Sunday, April 17, 2011, 3:00PM: A price re-set has spread around the area this weekend, with the retail price back to $3.99. This is consistent with [...]
Sunday 03 Apr 2011 | Posted By
Ed Aboufadel |
Commentary
Sunday, April 3, 2011, 2:25 PM: I’ve been awoken from a thundersnow-induced nap with e-mails alerting me to an unprecedented Sunday price hike to $3.89 a gallon. I was afraid $3.89 was coming when I updated my spreadsheet last night, but I didn’t have the energy for a post. Here’s what is going on — [...]
Saturday 26 Mar 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on Tuesday’s prediction: Prices rose on Thursday, but just to $3.65, not $3.75. I am going to score it as 3/4 CORRECT, 1/4 WRONG. Saturday, March 26, 7:30PM: I just saw Butler go back to the Final Four, and I’ve been thinking about this recent article in the GR Press concerning why retail gas [...]
Saturday 26 Feb 2011 | Posted By
Ed Aboufadel |
Commentary
Saturday, February 26, 5:45PM: Wholesale gas prices shot up 25 cents the past week, leading to two price hikes and a current retail price of $3.45. I can’t predict what is going to happen this coming week. The other day, rumors that Libya’s Gadhafi was dead caused market prices to temporarily drop, which is just [...]
Wednesday 23 Feb 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on the February 13 posting: Prices hiked on Tuesday the 15th, and again yesterday. CORRECT, sadly. Wednesday, February 23, 2011, 12:30PM: When I see headlines in USA Today predicting $5 gas, and screaming on the Internet that the price of oil is about to double, I want to say, “Let’s take a deep breath.” [...]
Monday 31 Jan 2011 | Posted By
Ed Aboufadel |
Commentary
Comment on the January 25 prediction: I was WRONG big time, as prices hiked again to $3.19 on Thursday. Monday, January 31, 2011, 3:25PM: As you may know, the tensions the past few days in the Middle East are pushing energy prices higher, and now we are in Blizzard Media Panic mode. Right now, gas [...]