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0 comments Tuesday 07 Nov 2006 | Posted By Patrick | Commentary

Well, out of nowhere, again, Speedway initiated a price hike to 2.39. Expected? No. Suprise? Not after last weeks “unexplainable” hike to 2.35 (that oddly enough reverted down to 2.17 in areas). After I got some feedback from everyone on last weeks hike (thanks for the e-mails by the way), I did some digging to [...]

0 comments Tuesday 14 Mar 2006 | Posted By Ed Aboufadel | Predictions

Another price hike to $2.59? What is going on here? I’ve been laying low this month because I am having trouble figuring this out. The weekly report that the DOE publishes on gas prices (tonto.eia.doe.gov/oog/info/twip/twip_gasoline.html) does indicate that wholesale and retail prices in the Midwest are running at least 10 cents higher than for New [...]

0 comments Monday 10 Mar 2003 | Posted By Ed Aboufadel | Predictions

Wow, another move up in oil and gasoline futures late last week. Combine that with some sort of Chicago premium this winter, and a certain red-tinged retailer’s aggressive maintenance of their margins lately, and that means another price hike this week, to $1.89. I imagine this will happen on Tuesday, again. (The only time in [...]

0 comments Monday 24 Feb 2003 | Posted By Ed Aboufadel | Predictions

Well, the first letter to the GR Press appeared on Friday, but prices continued to drop, as low as $1.54 this morning in some places. (Although they are near $1.70 elsewhere.) Frankly, despite predicting a rise to $1.79 two weeks ago, I was surprised when it happened, as my spreadsheet calcuations were suggesting $1.69. Figuring [...]