Archive for the Tag 'market'

A quiet start to the week

After a wild week last week, we should settle down. Markets were down overnight on renewed fears that the economy won’t heat up for years and that the DOW will drop below 7,000 for the first time in over a decade. These fears are causing oil and gasoline contracts to trade lower this morning, leading [...]

Speedway States prepare for more price hikes!

That’s right, I expect another good jump in gas prices, as soon as tomorrow (Friday) in many Speedway States. Speedway did not raise as high as anticipated resulting in a higher risk of a price hike sooner, and the wholesale market was up a large amount today. Wholesale spot prices from Chicago rose 13-cents today [...]

Yipes! Fill up tonight!!

Posted by mobile phone:That’s right folks- I need to keep this very brief. Market conditions have turned ugly this afternoon and prices climing higher for many reasons. I am led to believe that we will see a hike as soon as tomorrow to 1.99 or higher.More soon! Get gas!

Shell’s Price Hikes Aren’t Holding

Comment on the February 7 prediction:  Hmmm.  Shell (yes Shell!) hiked to $1.99 on Monday, which matches my prediction, but the rest of the crew took their time, many waiting until Tuesday and their hike was to $1.95.  I’m not going to give myself full credit:  3/4 CORRECT, 1/4 WRONG. Tuesday, February 17, 2009, 7:40PM:  [...]

Diesel under $2?! Quite possible in just days…

That’s right- you folks with the diesel trucks may FINALLY get to see diesel under $2 again, something maybe you thought (and I) that you wouldn’t see again in your lifetime! The Pilot station in Burns Harbor, Indiana (about a 1.5-2 hour drive from Grand Rapids) is currently selling diesel at $2.01. Now, you definitely [...]

Strike averted, contract reached!

Late breaking news tonight that will have some breathing a sigh of relief. The United Steel Workers union and Shell have agreed to a basic contract for refineries and other chemical plants today, averting a strike that could have had a huge effect on U.S. gasoline prices. We can stop worrying about the strike and [...]

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