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1 comment Tuesday 14 Oct 2008 | Posted By Patrick | Predictions

As of late, oil and gasoline have been virtually tied to the Dow as we look to economic woes as reasons to sell-off gasoline and oil contracts. With the Dow finally putting together a noteworthy rally, gasoline and oil both surged.
With a gain in wholesale prices along with much tighter Midwest supplies, we can expect [...]

5 comments Friday 10 Oct 2008 | Posted By Patrick | Predictions

That’s right folks- we’re in a huge downward trend. I’ll be the first to say I screwed up! I filled up for $3.77 (wow, seems like a while ago!) just TWO WEEKS ago… I’m still burning through that tank in fact. Was that a mistake? YES! Is it a mistake to do the same thing [...]

1 comment Thursday 09 Oct 2008 | Posted By Ed Aboufadel | Predictions

Comment on the September 29 prediction:  “Wholesale prices should collapse this week.  Then, it is a matter of waiting for this collapse to work its way to retail prices, and we could see $2.99 a gallon in October.”  Retail prices are down to $3.18 this afternoon, and it is only October 9.  Score this one [...]

7 comments Tuesday 07 Oct 2008 | Posted By Patrick | Predictions

Posted by mobile phone:I hope you’re prepared, West Michigan… we’re going to see $2.99 soon!There have been large selloffs in gasoline that will benefit the Midwest the most. Other areas of the country aren’t paying a price premium like we are, and that’s started to dry up. A few days ago the Chicago premium was [...]

8 comments Friday 03 Oct 2008 | Posted By Patrick | Predictions

Gas has fallen to $2.99 at a Speedway station in Stow, Ohio today! If you’d like to buy gas there, you will have to spend quite a bit to do so. It’s roughly a five hour trip from West Michigan to Stow.
However, the downward trend should continue as the Midwest tries to break free of [...]

2 comments Thursday 02 Oct 2008 | Posted By Patrick | Predictions

As prices continue to fall here in the Midwest, the South has not yet forgotten the sting and pain that Hurricane Ike brought, roughly 3 weeks ago. Atlanta, GA is still suffering from periodic gas shortages and high prices. The same is occurring in other locations in the South. Here in Michigan it is relatively [...]