Wednesday 30 Jun 2010 | Posted By
Ed Aboufadel |
Predictions
Wednesday, June 30, 2010, 2:45PM: I was on vacation last week, but I see we had a price hike to $2.89 that was surprising to me. My wife and I were in Quebec, and gas prices there were about $1.06 per liter, which translates to about $4 per gallon (using the conversion that 1 gallon [...]
Thursday 03 Jun 2010 | Posted By
Bill Eby |
Commentary
First, an answer to the question I asked in the poll recently. The majority was right, as currently Michigan (9.4) and Indiana (8.9) are above 7.5 cents, while Ohio is at 6.5. Now, the next question. Is being in a Speedway state a good thing? You do get roller coaster rides of prices, with big [...]
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 to [...]
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 prices [...]
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 [...]