Archive for the Tag 'market'

The Speedway Effect, Cincy style

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 [...]

A weak dollar puts us in another pickle

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. [...]

Surge in National markets makes spike loom near

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 [...]

A spike on the horizon?

Chicago spot gasoline: Chicago Spot: $1.78 UP 0.0978 Costs and taxes adjustment: 0.7772 Fair Price: 2.4082 Average Michigan selling price 2.3820 Margin over cost + profit: -0.0262 USA Average: $2.479 Michigan average ( $2.382 ) is $0.097 under USA average A spike is looming, with a negative margin in my fair price formula. It’s quite [...]

Is Speedway the #1 gas brand?

Recently I came upon an article that stated Speedway was ranked the number one gas brand for the fifth quarter in a row. It is a part of a multi-brand survey put out by Harris Interactive as the EquiTrend Brand Survey. In the survey they ask people about different brands in different categories like favorite [...]

In total agreement with Ed.

Sorry we haven’t posted on here for so long. It’s for a good reason, though… we haven’t had to. If prices aren’t going up, I usually won’t put a prediction here. But I do still update “Fair Price” threads on GasBuddy.com sites in Indy, Indiana, and Michigan daily. I might start posting something similar on [...]

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