Thursday 03 Jun 2010 | Posted By
Bill |
Commentary
First, an answer to the question I asked in the poll recently. The majority was right, as currently Michigan (9.4) and Indiana (8.9) are above 7.5 cents, while Ohio is at 6.5. Now, the next question. Is being in a Speedway state a good thing? You do get roller coaster rides of prices, with big [...]
Tuesday 01 Dec 2009 | Posted By
Bill |
Commentary
Recently there was an article and news story on WCPO in Cincinnati about Speedway. In it they said a lot of things TheGasGame readers would already know, plus something I found interesting at first, and one outright falsehood. They come right out of the gate letting us know Speedway’s secret: Real estate. “We wanted to [...]
Thursday 15 Oct 2009 | Posted By
Bill |
Predictions
I meant to post this last night, but I got called away for diaper duty, and then bedtime. My apologies. There was no DOE report yesterday because of the Columbus Day holiday. So will Speedway treat today as a Thursday or a Wednesday? If it is a Wednesday, they may wait for the DOE report [...]
Wednesday 30 Sep 2009 | Posted By
Bill |
Commentary
Recently I came upon an article that stated Speedway was ranked the number one gas brand for the fifth quarter in a row. It is a part of a multi-brand survey put out by Harris Interactive as the EquiTrend Brand Survey. In the survey they ask people about different brands in different categories like favorite [...]
Wednesday 23 Sep 2009 | Posted By
Ed Aboufadel |
Predictions
Wednesday, September 23, 2009, 1:00PM: With today’s DOE report showing continued growth in the supply of gasoline, due to poor demand, NYMEX prices are already dropping, so we can expect retail prices to continue to drop. No price hike this week, and we are heading for the $2.30′s. — Ed Aboufadel
Friday 28 Aug 2009 | Posted By
Bill |
Predictions
The stat line goes like this: Fair price: ( $1.9374+$0.6413 ) = $2.5787 Average selling price – fair price: ($2.537-$2.5787)= Margin over cost + profit: -$0.0417 In other words, for Michigan, you are selling at more than a negative 4 cent margin by my numbers. In Indiana that is more than 6 cents, and that’s [...]