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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 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 [...]

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 [...]

4 comments Wednesday 30 Sep 2009 | Posted By Bill Eby | Predictions

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 possible that the run-up on the markets won’t transfer over to your local rack prices, but I’m 90% [...]

4 comments Wednesday 30 Sep 2009 | Posted By Bill Eby | Commentary

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 [...]

4 comments Tuesday 18 Aug 2009 | Posted By Bill Eby | Predictions

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 [...]