Thursday 03 Jan 2008 | Posted By
Patrick |
Predictions
With the volatile gasoline and oil markets the last few days, I’ll be watching for a rehike tomorrow to 3.29-3.35. We’ve seen quite and impressive rise in wholesale markets the past few days. However, I’m not 100% yet on this, as I’m waiting for my benchmark station in Indiana to make a move first. They [...]
Wednesday 02 Jan 2008 | Posted By
Patrick |
Predictions
As oil hit $100 a barrel (albeit for ONE trade), gasoline followed higher. Gasoline posted a 7 cent gain. Get gasoline tonight! We WILL see a hike ASAP to approx 3.29! I’m working on a Spring prediction, but at this point, its not pretty so I will hold on it for now. Powered by ScribeFire.
Sunday 30 Dec 2007 | Posted By
Patrick |
Commentary
As 2007 comes to a close, lets go over a brief review (seems like EVERYONE is doing a review of 2007- in pictures, in news, WHAT ELSE? Gasoline!) >High Price for Regular Unleaded was $3.65 on May 29, 2007>High Price for Diesel was $3.65 on November 19, 2007 >Low Price for Regular Unleaded was $1.85 [...]
Thursday 27 Dec 2007 | Posted By
Patrick |
Predictions
In a rare move, my Indiana benchmark station rose from 2.89 last night to 3.07 this morning. Seeing this information, I can expect a re-hike in Grand Rapids to at least 3.19-3.25. The market did rise a decent amount yesterday, but I didn’t think it was bad enough for a re-hike… but it looks to [...]
Sunday 23 Dec 2007 | Posted By
Patrick |
Predictions
I’ll be expecting a price hike MONDAY- even though its Christmas Eve, it is still a business day, and with prices dropping below $2.80 here soon and with my benchmark station in Indiana rising a nickle yesterday, I’m pretty sure we’ll see a rehike to 3.09-3.15 just in time for Christmas. Fill up today like [...]
Wednesday 19 Dec 2007 | Posted By
Patrick |
Predictions
It’s Wednesday! I’m sure many of you know that means the Department of Energy releases its weekly petroleum report! Lets take a peek at what this weeks report contained: Well first, BP’s Toledo refinery came back online. This was echoed in the Midwest PADD numbers. The Midwest’s inventory of gasoline is at its largest number [...]