While trees are coming down in Grand Rapids at this hour, I will unfortunately predict that our gas prices will rise. (I’m watching the TV… rain between 6-24″ deep in spots and people are willing to chance HYDRO-LOCKING their engines to get around town? Are people stupid?)
Let’s jump to the market: prices are rising today [...]
0 comments Wednesday 02 Jul 2008 | Patrick | Predictions
Comment on the June 18 prediction: Prices rose to $4.15 last Thursday, as predicted. CORRECT.
Thursday, June 26, 2008, 3:15 PM: Because it seems like retailers’ margins are tight, or there is some sort of Chicago Summer Discount going on that isn’t reflected in the AXXIS prices, I’ve been trying to keep my tank close to [...]
3 comments Thursday 26 Jun 2008 | Ed Aboufadel | Predictions
Fill’er up tonight! After a 7-cent drop yesterday on the market, prices have *already* shot right back up to what they were at the market open on Wednesday. $4.15 has been a popular re-hike amount lately, but I expect between $4.19-$4.25 tomorrow in Michigan depending on today’s final numbers. Since Midwest PADD dropped significantly this [...]
0 comments Thursday 26 Jun 2008 | Patrick | Predictions
Today’s market slid over 13-cents per gallon on positive news coming out of China: they’re finally lowering subsidies on oil and fuel products.
The market immediately turned south after realizing that one of the biggest developing nations was now passing on higher prices to its consumers. This has the potential to turn the whole market around [...]
2 comments Thursday 19 Jun 2008 | Patrick | Predictions
Comment on the June 11 posting: Prices rose Thursday to $4.15, which is less than $4.29, so the prediction was CORRECT.
Wednesday, June 18, 2008, 3:20PM: Wholesale prices have been stable at this high level, although they are up 4 cents today. I think Speedway and friends re-set prices again tomorrow, since at some places in [...]
0 comments Wednesday 18 Jun 2008 | Ed Aboufadel | Predictions
Comment on the June 5 posting: We got a price hike last Friday, as predicted, but only to $4.09. But, I’ll take the CORRECT credit anyway.
Wednesday, June 11, 2008, 4:00 PM: Wow! NYMEX prices have been jumping up and down the past week in extreme ways, and today it is up. I’m predicting a price [...]
0 comments Wednesday 11 Jun 2008 | Ed Aboufadel | Predictions
