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0 comments Wednesday 30 Jan 2008 | Posted By Patrick | Predictions

I’ve taken some time to update the Refinery Status page with the latest knowledge of refinery issues, make sure to check it out by clicking the link at the top of the page “Refinery and U.S. Pricing Status” Now, on to the DOE report, which was good, except for a few things. The bad-Refineries utilized [...]

0 comments Saturday 26 Jan 2008 | Posted By Patrick | Commentary

Good afternoon from Orlando, Florida! Thanks to Ed for writing his predictions this week as I took a short respite from things. I noticed in Florida, a state with NO refineries, prices similar/lower than Michigan. They also have higher demand while Michigan has lower demand due to the Winter weather… so what gives? Florida is [...]

0 comments Wednesday 16 Jan 2008 | Posted By Patrick | Predictions

Highlights from today’s weekly release of the DOE Petroleum Stockpile Data: >Refineries operated at 87.1% of capacity… a huge decrease from the week previous!>Gasoline production dropped roughly 200,000bpd compared to last week>Crude oil imports seem on a rebound: they averaged 10 million barrels per day, about 220,000bpd higher than the same period last year The [...]

2 comments Tuesday 15 Jan 2008 | Posted By Patrick | Commentary

Does this upset you? Let us know how you feel by leaving a comment below! From the AP News Wire this morning: By HOPE YEN, Associated Press Writer WASHINGTON – A special commission is urging the government to raise federal gasoline taxes by as much as 40 cents per gallon over five years as part [...]

3 comments Monday 14 Jan 2008 | Posted By Patrick | Commentary

So rumors have been abundant about Speedway canceling its beloved Speedy Rewards program starting January 1. What has changed? I’m not sure. A few posts from GrandRapidsGasPrices.com got me curious- I had yet to hear about anything changing, so I went digging. Here is what I’ve found so far: Coupons violate state law mandated by [...]

0 comments Wednesday 09 Jan 2008 | Posted By Patrick | Commentary

With the DOE’s weekly energy report being released just moments ago, here are some highlights: >Refinery Utilization… YES!! Finally! 91.3% of capacity. This is JUST what we needed to slow the rise in gas prices!>Gasoline Demand… rose 0.4% compared to the same time last year, which is quite surprising… last year we had (I’m sure [...]