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3 comments Tuesday 27 May 2008 | Posted By Patrick | Predictions

The long awaited 2008 Summer Driving season is now upon us, after a mostly gloomy and cool Memorial Day weekend here in Mid-Michigan. With gasoline prices approaching and surpassing $4, many are asking what’s in store for this Summer… what can I expect, when should I vacation? This post may be one of my longer [...]

0 comments Tuesday 13 May 2008 | Posted By Patrick | Predictions

As Speedway hikes to the predicted $3.999 this morning, I was busy looking at markets to see what’s going to happen next. Unfortunately, it looks like things still aren’t as bad as they will get. I expect gasoline to crest $4 in the next week or two, and diesel prices look like they will accelerate [...]

0 comments Wednesday 30 Apr 2008 | Posted By Patrick | Commentary

Just seeing Ed’s post made me think back to the prediction earlier in the year about when gas will hit $4 a gallon. I said with haste that would occur on September 16, 2008, as we’ll be in the middle of Hurricane season. With any luck or miracles, maybe we won’t have as active of [...]

1 comment Sunday 11 Nov 2007 | Posted By Patrick | Predictions

With absolutely no meteorological reasoning, I declare the end to the 2007 hurricane season. Now- the “official” hurricane season runs until November 30, but with the current conditions unfavorable for hurricane development, I should say that the 2007 saw no major hurricanes hit the U.S. (in terms of catastrophic damage) yet oil prices are at [...]

0 comments Thursday 30 Aug 2007 | Posted By Patrick | Commentary

From CNBC.com (and The Toledo Blade below): Midwest oil refineries are planning a heavy load of maintenance this autumn that could keep fuel supplies in the heartland tight through the rest of the year, according to a Reuters survey released Thursday. Other regions of the United States, however, could see a lighter-then-normal fall maintenance season [...]

0 comments Tuesday 21 Aug 2007 | Posted By Patrick | Commentary

Gasoline wrapped up the day down another whopping 7-cents! This is the lowest price we’ve seen in months, and should be enough to warrant prices down to 2.60s, PENDING tomorrow’s DOE report. This could be a great week for huge losses in gasoline prices- if the DOE report tomorrow is good, look for the market [...]