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1 comment Thursday 06 Nov 2008 | Posted By Patrick | Predictions

I don’t like to be bearer of bad news, but I believe we are approaching the lowest gasoline prices we’ll see for a while. While gasoline prices usually "bottom out" in late November and early December, I believe with the dramatic fall in prices and negative profit outlooks for refining gasoline, it will result in [...]

1 comment Tuesday 14 Oct 2008 | Posted By Patrick | Predictions

As of late, oil and gasoline have been virtually tied to the Dow as we look to economic woes as reasons to sell-off gasoline and oil contracts. With the Dow finally putting together a noteworthy rally, gasoline and oil both surged.
With a gain in wholesale prices along with much tighter Midwest supplies, we can expect [...]

8 comments Friday 03 Oct 2008 | Posted By Patrick | Predictions

Gas has fallen to $2.99 at a Speedway station in Stow, Ohio today! If you’d like to buy gas there, you will have to spend quite a bit to do so. It’s roughly a five hour trip from West Michigan to Stow.
However, the downward trend should continue as the Midwest tries to break free of [...]

5 comments Saturday 20 Sep 2008 | Posted By Patrick | Predictions

Come on Grand Rapids! Hastings is $3.82, I was there last night. Lowell is $3.87, but Grand Rapids still isn’t any cheaper than $3.95! Honestly now… Lowell and Hastings stations aren’t much different than stations in Grand Rapids… they likely bought their fuel from the same rack as the stations from Hastings, but GR is [...]

14 comments Wednesday 17 Sep 2008 | Posted By Patrick | Commentary

Just to put it out there, local stations are purchasing gasoline today for as low as $3.63.
Some have lost money purchasing fuel at the worst time this past weekend, but we’ll see how fast prices fall and who’s willing to sacrifice their average 49.9cent margin per gallon.

10 comments Wednesday 10 Sep 2008 | Posted By Patrick | Commentary

First off: Read this post thoroughly if you want to find out WHY prices are justified.
A brief thank you to Tom Kloza for taking the time out of his day (Publisher @ OPIS) to respond to a few questions I had.
I now understand and can say that I know why Grand Rapids (and all of [...]