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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 [...]

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 [...]

2 comments Saturday 10 May 2008 | Posted By Ed Aboufadel | Predictions

Comment on the April 30th posting:  There was a hike last week to $3.89, so any brave predictions that $3.75 was the high for the year was dead WRONG. Saturday, May 10, 2008, 4:45 PM:  My previous prediction was based on the observation that metals had stopped going up and agricultural products had stopped going [...]

0 comments Wednesday 30 Apr 2008 | Posted By Ed Aboufadel | Predictions

Comment on Monday’s posting:  The hike was to $3.75 on Tuesday, which is close enough to be called CORRECT. Wednesday, April 30, 2008, 10:00 AM:  As readers know, my predictions are short-term, based on the recent wholesale price of gasoline as approximated by NYMEX and AXXIS prices that are posted on public web sites.  Today, [...]

0 comments Saturday 29 Mar 2008 | Posted By Ed Aboufadel | Predictions

Comment on the March 16 prediction:  We have only had one price hike in the past two weeks, to $3.39 on March 25, so the prediction was WRONG. Saturday, March 29, 2008, 4:30 PM:  On March 3, the wholesale price was $2.68 on NYMEX and $2.43 on AXXIS-Chicago, and the retail price was $3.05.  During [...]

0 comments Friday 07 Mar 2008 | Posted By Ed Aboufadel | Commentary

Comment on Wednesday’s posting:  AXXIS jumped 15 cents from Wednesday to Thursday, so we got a price hike on Friday to $3.35.  My prediction was WRONG. Friday, March 7, 2008, 12:45 PM:  On Wednesday, I asked, “Isn’t the annual March ramp of gas prices coming soon?”  Looks like it has started today!  At about 9AM [...]