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3 comments Wednesday 16 Dec 2009 | Posted By Bill Eby | Predictions

We should see a spike tomorrow. We have seen prices fall rapidly to meet the wholesale, which spent the last two days going up. Indiana has crossed the spike line, and Michigan is close behind. The big question is the price. Currently in Indianapolis we have seen all Kroger stations go [...]

4 comments 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 [...]

0 comments Monday 02 Nov 2009 | Posted By Bill Eby | Predictions

The Spike Line is a new feature here at TheGasGame.com. Here we will use the Chicago Spot price of gasoline as a basis to determine a “Spike Line”. When you see the Spike Line deviation close to zero or in the negative, the likelihood of a spike is greater. More information on [...]

0 comments Wednesday 21 Oct 2009 | Posted By Bill Eby | Predictions

Chicago Spot: $2.11 UP 0.0616
Fair price adjustment: 0.7948
Fair Price: 2.7662
Average selling price 2.7150
Margin over cost + profit: -0.0512
We are in dangerous territory. The commodities market is up yet again, this time on a weak dollar. Fair price is at break even, which can mean a spike is close at hand. But, we have already had a [...]

2 comments Monday 19 Oct 2009 | Posted By Bill Eby | Predictions

Chicago Spot: $2.03 UP 0.0079
Fair price adjustment: 0.7914
Michigan Fair Price: 2.6792
Michigan Average selling price 2.5970
Margin over cost + profit: -0.0822
The dam has gotta break sometime. Gas usually falls at least 2 cents on non-spike days, but over the weekend it didn’t budge, or only went down a couple cents, depending on where you live. The [...]

1 comment Thursday 15 Oct 2009 | Posted By Bill Eby | Predictions

I meant to post this last night, but I got called away for diaper duty, and then bedtime. My apologies.
There was no DOE report yesterday because of the Columbus Day holiday. So will Speedway treat today as a Thursday or a Wednesday? If it is a Wednesday, they may wait for the DOE report [...]