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5 comments Tuesday 26 May 2009 | Posted By Ed Aboufadel | Commentary

Woe to us. Prices rose at random places on SATURDAY to $2.59, and today Speedway is making sure we understand with a system-wide re-set. The new price in Michigan is $2.69 a gallon.

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 [...]

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 [...]

4 comments Thursday 30 Apr 2009 | Posted By Patrick | Predictions

Perhaps to counter the negative sentiment as they shift to a new rewards program schedule, Speedway has announced in an e-mail that they’re “rolling back the pump price” for Speedy Rewards members on Saturday or Sunday (May 2 and 3). The offer ONLY applies to gasoline, and is not valid in Wisconsin or West Virginia. [...]