Tuesday 01 Dec 2009 | Posted By
Bill Eby |
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 [...]
Wednesday 30 Sep 2009 | Posted By
Bill Eby |
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 [...]
Monday 07 Sep 2009 | Posted By
Ed Aboufadel |
Predictions
Comment on the August 18 prediction: Prices rose on August 20 to $2.59, so the prediction was CORRECT.
Monday, September 7, 2009, 6:00 PM: The past two weeks have been very busy for me, but gas prices have been tame, except for the unusual price adjustment a week ago, where Speedway and others raised [...]
Friday 28 Aug 2009 | Posted By
Bill Eby |
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 with 5 cents taken out [...]
Thursday 30 Jul 2009 | Posted By
Ed Aboufadel |
Predictions
Using my formula, a price re-set would be in the range of $2.59-$2.64.
Tuesday 30 Jun 2009 | Posted By
Ed Aboufadel |
Commentary
Comment on my June 23 posting: Prices have continued to fall for a week, so the prediction was CORRECT.
Tuesday, June 30, 2009, 9:30PM: I just want to share what I am looking at right now. The moderate jump in wholesale prices this week has given us a 0-cent margin price of about [...]