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0 comments Monday 28 Aug 2006 | Posted By Patrick | Status Update

Wholesale oil and gasoline prices have been falling after each NHC update moves Ernesto further east, away from vital Gulf oil rigs and refineries. Currently, wholesale oil is down over $1 per barrel and gasoline down roughly 5 cents per gallon.
I’ll be looking for 2.45-2.49 in the GR area soon if prices keep falling.
I’ll also [...]

1 comment Sunday 27 Aug 2006 | Posted By Patrick | Status Update

Well, Hurricane Ernesto has now been forecasted to miss much of the Gulf’s oil and refining output, and I think that as long as the storm track keeps moving to the east as it has the past few days, we should see minimal gains in wholesale prices. I’ll send out a prediction e-mail later this [...]

0 comments Saturday 26 Aug 2006 | Posted By Patrick | Status Update

Hope everyone is having a fabulous weekend.
Thought I would e-mail everyone and let them know the latest with gas
prices. I just checked the NHC latest forecast for soon-to-be
Hurricane Ernesto, and it doesn’t look good at all. It appears that
Tropical Storm Ernesto has sucessfully fought off a lot of windshear
(and still has some fighting to do!) [...]

0 comments Wednesday 23 Aug 2006 | Posted By Ed Aboufadel | Status Update

Comment on last week’s prediction: Prices have kept falling, slowly but surely, to under $2.70 as of the morning of August 23, so the prediction was CORRECT.
Wednesday, August 23, 2006, 8:30 AM: Welcome to my new web site for The Gas Game! The collapse in wholesale prices during the first week of August is finally [...]

0 comments Saturday 19 Aug 2006 | Posted By Patrick | Status Update

Prices in the Grand Rapids area have been steadily falling from 3.19 a few weeks ago to near 2.70. Prices should continue to come down, but as of Friday afternoon, the wholesale gasoline contract rose a few cents on continued worry about Iran and finally absorbing the inventory news from Wednesday. Wholesale gasoline closed about [...]

0 comments Monday 07 Aug 2006 | Posted By Patrick | Status Update

With BP’s announcement today, I’m sure you’re all curious or
wondering what immediate effect this will have on our gas prices.
BP’s announcement is fairly important, but not the biggest deal in
the world. Over the next WEEK, BP will be shutting down 400,000
barrels of oil supply per DAY. While this may seem big, think about
this. Last year [...]