Archive for the Tag 'Chicago Premium'

Another lousy DOE report, Speedway hikes to $3.95

Edit: Speedway has just hiked to $3.95 in Michigan; while not totally shocking, this is something that might have been expected. The Gas Game gets quite difficult to predict at times like this!
Another disappointing report from the Dept. of Energy this week, we can look for gasoline to trade higher today.
Perhaps due to the Hurricane/Tropical [...]

Price rehike likely for Friday Morning for Speedway States!

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 [...]

Expecting $3.09 again before the long holiday weekend

Comment on Friday’s prediction: Prices have fallen the past several days, below $3 in many places, so a CORRECT prediction.
Wednesday, December 19, 2007, 3:30 PM: Of note is that the NYMEX and AXXIS prices have been pretty much the same for a month now, which demonstrates that there is no Chicago premium on [...]

Re-hike to $2.99+ soon!

Just to throw this out there: I’m expecting a rehike to $2.99-$3.09 as soon as today but more likely tomorrow or Wednesday. The Chicago Premium is back (as noted a few posts ago) due to midwest refinery problems (thanks to the heavy heavy flooding in Ohio)
On another note, there is extreme flooding in Findlay, Ohio [...]

Midwest PADD down to 46 million barrels, Chicago Premium is back!

Just took a glance at yesterdays DOE numbers once more and it looks like the Midwest PADD numbers have fallen back down to 46+ million barrels. This is the lowest we’ve seen in some time and could add 10-15 cents per gallon until local refiners kick it into high gear.
Apparently refineries in the Midwest are [...]

As low as 2.13, hike soon? Tough call. Anyone selling a car?

Hi there everyone, hope you’ve all filled up for under $2.20 in thepast few days, because I’m not totally sure if we’ll get a hike soon.
While the DOE report this Wednesday was kind of poor, I noted thatthere was a large build of gasoline into the Midwest PADD district.Early last week the Midwest PADD had [...]

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