Thursday 03 Jun 2010 | Posted By
Bill Eby |
Commentary
First, an answer to the question I asked in the poll recently. The majority was right, as currently Michigan (9.4) and Indiana (8.9) are above 7.5 cents, while Ohio is at 6.5. Now, the next question. Is being in a Speedway state a good thing? You do get roller coaster rides of prices, with big [...]
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 up to $2.69. I [...]
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 to [...]
Monday 02 Nov 2009 | Posted By
Bill Eby |
The Spike Line is a feature that has been around a while here at TheGasGame.com. Here we will determine a “Spike Line” based on market forces and help you in figuring when is the right time to buy gas. We start with the Chicago Spot. This is the base line that stations should be paying [...]
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. [...]
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 [...]