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8 comments Wednesday 23 Jul 2008 | Posted By Patrick | Predictions

A good DOE report, good news here, good news there, congress acting… blah blah… prices are falling! Wholesale gasoline prices, as you can see from the ticker on the left have been taking another beating this afternoon after a quiet morning. Prices at this hour are down nearly another 11-cents… meaning nationwide price averages definitely [...]

1 comment Monday 21 Jul 2008 | Posted By Patrick | Commentary

With one simple visit to TheGasGame.com, consumers can now see delayed trades of oil and gasoline futures! TheGasGame.com is your complete source for beating high gas prices, and adding this information on the website will give consumers one less place to find the information. Wholesale oil and gasoline futures are traded on the NYMEX exchange [...]

2 comments Friday 11 Jul 2008 | Posted By Patrick | Commentary

Oil is $146 a barrel today. Want to know why U.S. supplies are OVER 50 million barrels below where they were last year? Want to know why oil prices keep rising? The two are directly connected, and its going to keep getting worse unless the dollar strengthens. As I said, today oil hit $146- a [...]

2 comments Friday 06 Jun 2008 | Posted By Patrick | Predictions

OK. Its official. I’m furious about this oil market and the way speculators are fueling the market. Morgan Stanley predicted $150 by July 4. THATS THE MAJOR FACTOR pushing prices higher. Sure jobless claims went up, meaning possibly lower demand, and the Dollar stumbled, but honestly, the market is up WHY? We aren’t attacking Iran, [...]

3 comments Tuesday 27 May 2008 | Posted By Patrick | Predictions

The long awaited 2008 Summer Driving season is now upon us, after a mostly gloomy and cool Memorial Day weekend here in Mid-Michigan. With gasoline prices approaching and surpassing $4, many are asking what’s in store for this Summer… what can I expect, when should I vacation? This post may be one of my longer [...]

3 comments Friday 09 May 2008 | Posted By Patrick | Commentary

As you may or may not know, last night a Citgo station in Kentwood (52nd and Kalamazoo) was priced at $3.87 on the street. However, once at the pump, customers noticed the $2.87 and greedily filled up without saying one word to the station’s employees. It is appalling to me that this went on for [...]