Archive for the Tag 'gas prices'

Speedway eliminates instant discount, raises points required on best items in Speedy Rewards program

In a bad PR move for Speedway, they’ve decided to eliminate instant discounts for all of Speedway Chase Mastercard members and raise the points needed for redemption of the best benefits for all of the chain’s Speedy Reward customers. If you aren’t already aware, Speedway had decided back in March that it was going to [...]

Okay, retailer… wholesale prices have risen…

…but please lower your prices until you need to buy that more expensive gasoline! Folks- that Chicago discount is drying up fast as the Winter blended fuel (RVP 11.5) is sold at an alarming rate. Summer gasoline that pollutes less but costs more to produce is starting to be produced (RVP 9.0) and will slowly [...]

The trade of the year was UGA from $17 to $23 (up 35% in 10 weeks)

Comment on the February 25 prediction:  It was easy to parrot the other predictions last week, but the prediction was CORRECT and that hike did not go over $2.  The next day, though, we went to $1.99, and then yesterday it was $2.05.  As Speedway posted prices over $2 before under $1, my December 11, [...]

Speedway States prepare for more price hikes!

That’s right, I expect another good jump in gas prices, as soon as tomorrow (Friday) in many Speedway States. Speedway did not raise as high as anticipated resulting in a higher risk of a price hike sooner, and the wholesale market was up a large amount today. Wholesale spot prices from Chicago rose 13-cents today [...]

Shell’s Price Hikes Aren’t Holding

Comment on the February 7 prediction:  Hmmm.  Shell (yes Shell!) hiked to $1.99 on Monday, which matches my prediction, but the rest of the crew took their time, many waiting until Tuesday and their hike was to $1.95.  I’m not going to give myself full credit:  3/4 CORRECT, 1/4 WRONG. Tuesday, February 17, 2009, 7:40PM:  [...]

Nationwide gasoline prices to continue to rise

With the threat of a large strike being carried out by the United Steel Workers union and a large stimulus bill making its way through Congress, gas prices are going nowhere but up from the current national average of $1.85 per gallon. Prices have advanced lately because of a growing number of traders who see [...]

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