Archive for the Tag 'diesel'

The Spike Line

More information on the formulas used to figure the taxes and fees adjustments can be found below. Click on a picture to the right to see a larger view. —————————- Updated 05/18/13 12:31 AM EST Yesterday’s numbers are posted below. Spike Line Statistics for 5/17/2013 ($USD) Indy, Indiana, Michigan Chicago Spot $3.2669 Change UP $0.0347 [...]

Spike possible tomorrow

If you haven’t already, do look at the previous post Ed put out about gouging in Michigan. These are good reads for those interested in the oil industry, too. Now, on to business. With a spike up in everything oil/gas/diesel, we are very ripe for a spike tomorrow. I’m putting it at about 65% possible. [...]

Congratulations, Patrick, and Good Luck!

I want to publicly congratulate Patrick on this step forward in his career.

Today in Oil

This page will be updated weekday evenings to reflect the day’s closing prices. This will compliment gas price prediction and is available to everyone. Also check out our Refinery Status page! Daily NYMEX spot prices, in dollars at time of writing: ($USD) NYMEX RBOB NYMEX WTI Crude NYMEX Heating oil Chicago Spot Group 3 Low [...]

Are we going back to $2.09 or higher on Friday?

Comment on the March 21 prediction:  Prices rose to $2.09 on the 24th, so the prediction was CORRECT.  We’ve seen slow drops since then. Thursday, April 2, 2009, 2:45 PM:  NYMEX is up 9 cents today, making me nervous about a price hike on Friday, back to $2.09 or maybe even higher.  Yes, let’s make [...]

Speedway States prepare for more price hikes!

That’s right, I expect another good jump in gas prices, as soon as tomorrow (Friday) in many Speedway States. Speedway did not raise as high as anticipated resulting in a higher risk of a price hike sooner, and the wholesale market was up a large amount today. Wholesale spot prices from Chicago rose 13-cents today [...]

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