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10 comments Wednesday 10 Sep 2008 | Posted By Patrick | Commentary

First off: Read this post thoroughly if you want to find out WHY prices are justified.
A brief thank you to Tom Kloza for taking the time out of his day (Publisher @ OPIS) to respond to a few questions I had.
I now understand and can say that I know why Grand Rapids (and all of [...]

0 comments Saturday 30 Aug 2008 | Posted By Patrick | Predictions

Note: I decided I had better take a quick break from vacation. I was away hiking in Yellowstone, please forgive me for not posting.
When my phone got service yesterday, I had received numerous voice-mails informing me that a Hurricane “Gustav” had formed and could be effecting gas prices. Unfortunately I’ve been out of the loop- [...]

0 comments Friday 08 Aug 2008 | Posted By Patrick | Predictions

After negative news coming from Europe on the euro, the dollar posted a large gain, pushing down commodities on a whole, what a terrific end to a week.
As it stands, oil is down $5bbl to $114.96 and gasoline down 12-cents to $2.87! This may push nationwide prices down another 6-8 cents over the next week, [...]

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 new record. [...]

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 posts. [...]

0 comments Thursday 01 May 2008 | Posted By Patrick | Commentary

As of this writing, at 11:15am, gasoline is poised for another deep loss (good news) on the wholesale markets. Currently gasoline for May delivery is trading down 8.51 cents PER GALLON. This could mean pump prices locally could drop back into the 3.40’s before any threat of a hike. Oil is also down $2.43 per [...]