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0 comments Tuesday 09 Sep 2008 | Posted By Patrick | Predictions

This page is filled with great information on the math behind gasoline prices, the stats of hikes, days they are most likely to occur, and the data behind why prices rise and fall. This information is about as raw as it gets, meaning it is hard to understand for some who haven’t looked at it [...]

3 comments Tuesday 09 Sep 2008 | Posted By Ed Aboufadel | Commentary

Comment on the August 25 prediction:  Prices did drop into the $3.70’s from $3.89, but not significantly due to the hurricanes.  To be fair, I’ll label that prediction WRONG.
September 9, 2008, 7:15 AM:  With the fall semester up-and-running at GVSU, I am planning on posting each Tuesday morning this semester.  Using NYMEX alone, the 0-cent [...]

1 comment Wednesday 20 Aug 2008 | Posted By Ed Aboufadel | Commentary

Wednesday, August 20, 2008, 4:30 PM:  AXXIS prices have gone down 12 cents since the last price hike, but NYMEX prices have gone up. I suspect that, all-in-all, wholesale prices are down a bit (particularly given my silly August formula from my last posting), but at the same time there are a lot $3.78’s around, [...]

7 comments Tuesday 12 Aug 2008 | Posted By Ed Aboufadel | Commentary

Tuesday, August 12, 2008, 3:45 PM:  Didn’t get to check in last week as I was traveling and unable to connect to the Internet.  Imagine my surprise, though, upon returning to GR to see that prices haven’t moved much.  I got a media call at the end of July asking about this, and at the [...]

1 comment Wednesday 09 Jul 2008 | Posted By Ed Aboufadel | Predictions

Comment on the June 26 prediction:  Prices rose on June 27 to a record $4.19, so the prediction was CORRECT.  Retail prices have slowly slipped since then.
Wednesday, July 9, 2008, 3:30 PM:  I’ve been slow to post recently due to general family and holiday business, and that nasty storm last week, combined with mixed signals [...]

3 comments Thursday 26 Jun 2008 | Posted By Ed Aboufadel | 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 [...]