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3 comments Tuesday 19 May 2009 | Posted By Patrick | Announcements, Predictions

TheGasGame.com was started officially back in 2006, but has roots going back many more years. Ed and I started posting together here at TheGasGame after we found out about each other through GrandRapidsGasPrices.com, a GasBuddy.com site that tracks gas prices. Ed and I both had a hobby and fascination with gas prices and were posting [...]

3 comments Monday 18 May 2009 | Posted By Ed Aboufadel | Predictions

There’s definitely a price hike coming, tomorrow or Wednesday, to something about $2.39.

2 comments Tuesday 05 May 2009 | Posted By Patrick | Predictions

Ouch! $2.29 across the Midwest with my benchmark station in Burns Harbor, Indiana skyrocketing overnight to $2.37/$2.49/$2.61! Wow! While the Midwest is suffering from regionally high gas prices, the higher prices should help funnel fuel from the South where refiners are thirsty for a better margin on fuel. I hadn’t made it official on TheGasGame, [...]

4 comments Tuesday 05 May 2009 | Posted By Patrick | Predictions

Looking at morning numbers briefly this morning before an interview on WOOD AM1300, I think I might have to announce that I’m expecting a price hike soon to $2.19! A quick look at closing prices on the market from late last week and yesterday:Thursday close $1.42Friday close $1.47Monday close $1.54 As you can see, wholesale [...]

2 comments Friday 01 May 2009 | Posted By Ed Aboufadel | Commentary

In this post, I am going to address a different topic related to speculating about gas prices:  Commodity-based ETF’s.  Early this year, I was posting about the US Gasoline Fund ETF (ticker symbol:  UGA).  If you have a strong opinion about gas prices, you could use this ETF to make money.  Except there are some [...]

0 comments Friday 01 May 2009 | Posted By Ed Aboufadel | Commentary

Comment on the April 24 posting:  A week ago, I worried about a hike to $2.15.  We got it this week in two chunks — first to $2.05 on Tuesday, and then to $2.15 today.  Wish I had filled up this morning. Friday, May 1, 2009, 3:30PM:  I was surprised to check out gas prices [...]