Archive for the 'Predictions' Category

Today’s danger of a hike — low.

Comment on the May 27 prediction: There were places in the area where prices rose that Friday to $2.69, and other places where they didn’t. Then, the whole system spiked to $2.75 last week Tuesday. So, I’m going to say 3/4 CORRECT, 1/4 WRONG. Wednesday, June 9, 2010, 1:00PM: Due to computer issues the last [...]

A price hike before Memorial Day Weekend is quite plausible

Comment on the May 19 prediction: It was CORRECT, as prices continued to fall. Lowest as of the moment is $2.52 in Lowell, which is pretty close to the $2.49 floor in the prediction. Thursday, May 27, 2010, 3:00PM: With Memorial Day weekend almost here, will the retailers raise prices on Friday? If my calculations [...]

Simple prediction: lower prices!

Comment on the May 11 prediction: Prices have been falling below $2.80 in many places, so the prediction was CORRECT. Wednesday, May 19, 2010, 12:40PM: Since the price hike a few weeks ago to $2.99, wholesale prices have fallen 44 cents a gallon! (Oh, and look at the S&P 500 dropping from 1220 to 1110.) [...]

Falling prices this week

Comment on the April 25 prediction: Technically WRONG, since prices didn’t rise until Tuesday, and then only to $2.99. Tuesday, May 11, 2010, 7:30AM: Lots of weirdness on Wall Street lately, and one nice consequence for drivers is that energy prices fell 10% last week, including a 25-cent drop in wholesale gas prices. That drop [...]

Here comes the spike again.

The markets closed lower (except for Chicago RBOB, now at 14 cents premium to regular). The difference between Chicago rack and other areas shrunk, bringing down the rack adjustment across the board, too. Prices fell in all areas over the weekend. All areas are in Spike territory, as well. Being a Tuesday, it’s highly likely [...]

Will gas prices rise over $3 on Monday?

Sunday, April 25, 2010, 9:25 AM: I expect that stock market/gas prices correlation that we have been talking about for several years now to continue this week. Stocks rose slowly but surely the past week, and the S&P is at a new high for the year. Wholesale prices did the same, and we are set [...]

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