Thursday 21 Dec 2006 | Posted By
Patrick |
Status Update
Seasons Greetings and Merry Christmas (albeit a bit early)!
Figured that with all the holiday traveling bound to happen this weekend, I would keep you updated on what to expect! =)
At the time I’m writing this (4:30pm EST) gasoline markets have “closed” down about 3 cents. We’re down to $1.65 per gallon for wholesale gasoline, which [...]
Thursday 09 Nov 2006 | Posted By
Patrick |
Status Update
Well, the DOE report was pretty rough, and gasoline and oil has been trading up on the news that the U.S. will turn sharply colder and that OPEC may again cut production when it meets in December. Wholesale gasoline is back up to 1.58.
The “Chicago Premium” we’ve been seeing should let local prices go down [...]
Tuesday 19 Sep 2006 | Posted By
Patrick |
Status Update
Quick gas price update.
We saw a huge drop on the wholesale market today (9 cents) to 1.50 wholesale. I’ll be looking for low $2’s soon. If we see a few more cent price drops on the market… guess what… $1.XX MAY indeed happen.
So, there shouldn’t be a hike any time soon… keep on truckin!
Just FYI [...]
Thursday 07 Sep 2006 | Posted By
Patrick |
Status Update
I haven’t let you know whats going on (well, we haven’t had a risk of a price hike, and I believe we still don’t)
Just thought with today’s DOE report, I’d let you know how things are looking.
The DOE report was much better than traders or I thought it would be (Labor Day didn’t kill inventories), [...]
Monday 04 Sep 2006 | Posted By
Patrick |
Status Update
NYMEX is open right now, until later this evening, when a HALT will be implemented.
Gasoline futures are down to 1.70 at this moment, which, at least in the spring of 05, brought us a retail gas hike to 2.43. (I was interviewed when this happened in Spring 05, and in the interview, my computer screen [...]
Thursday 31 Aug 2006 | Posted By
Patrick |
Status Update
Can you believe that gas is “only” 2.28 in Findlay, Ohio? Thats the
lowest price in the United States at this time, and its only a few
hundred miles away.
Prices on the wholesale market fell quite a bit the past few days,
but you don’t see local stations following suit… we’re still
“stuck” at 2.54. We should be near [...]