Thursday 17 May 2007 | Posted By
Patrick |
Commentary
From Bloomberg:http://www.bloomberg.com/apps/news?pid=20602099&sid=aNzZlSPI8LzQ&refer=energy Valero Energy Corp., the largest U.S. refiner, said yesterday that it halted fuel output at its Houston refinery due to steam system and boiler problems. The complex is capable of processing 130,000 barrels of oil a day. ConocoPhillips, the second-largest U.S. refiner, said a unit at its plant in Sweeny, Texas, is undergoing [...]
Thursday 10 May 2007 | Posted By
Patrick |
Predictions
Folks. I don’t get concerned much about gasoline stockpiles or gas prices, but since I made my summer “prediction” many weeks ago (saying we’d see closer to 2.70 gas on average), several big issues have come up that have me a bit concerned about the situation we’re in. Don’t get all hot and heavy here- [...]
Wednesday 11 Apr 2007 | Posted By
Patrick |
Predictions
OUCHHHHHHHH!!! The latest: Gasoline stockpiles fell by 5.5 million barrels, putting them in the lower half of the average range. Refineries operated at 88.4% of capacity yet gasoline production has continued to lag (and fall, compared to last week) Midwest PADD is NOW down to 48 million barrels!! To BP’s refinery in Whiting, Indiana: WHAT [...]
Tuesday 27 Mar 2007 | Posted By
Patrick |
Predictions
A quick note on filling up before I get into the “Big Prediction”:Keep your tanks near full. Wholesale prices have climbed to around 2.05, which might give us a hike to 2.69-2.72. Rather safe than sorry! Thanks to Meijer for keeping Speedway in check. Meijer raised prices to 2.55 while Speedway tried to jump to [...]
Sunday 25 Mar 2007 | Posted By
Patrick |
Predictions
Seeing as how the last two weeks I called for hikes on Thursday or Friday, I waited this week to make the Monday predict. So… heres the Monday predict (and I’m pretty certain this one will be Monday) Prices have risen to near $2/gal wholesale as worries from Iran drive prices higher, as well as [...]
Thursday 21 Dec 2006 | Posted By
Patrick |
Status Update
Seasons Greetings and Merry Christmas (albeit a bit early)! Figured that with all the holiday traveling bound to happen this weekend, I would keep you updated on what to expect! =) At the time I’m writing this (4:30pm EST) gasoline markets have “closed” down about 3 cents. We’re down to $1.65 per gallon for wholesale [...]
