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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 [...]

0 comments Friday 26 Jun 2009 | Posted By Bill Eby | Predictions

With the Chicago spot falling 25 cents since the 17th, and average prices falling only 13 cents, there is still plenty of room for stations to keep dropping their price. Margins are right around 12 cents, as well. We should be seeing a mid-$2.50 average by the end of the weekend, and some [...]

5 comments Tuesday 26 May 2009 | Posted By Ed Aboufadel | Commentary

Woe to us. Prices rose at random places on SATURDAY to $2.59, and today Speedway is making sure we understand with a system-wide re-set. The new price in Michigan is $2.69 a gallon.

2 comments Friday 01 May 2009 | Posted By Ed Aboufadel | Commentary

In this post, I am going to address a different topic related to speculating about gas prices:  Commodity-based ETF’s.  Early this year, I was posting about the US Gasoline Fund ETF (ticker symbol:  UGA).  If you have a strong opinion about gas prices, you could use this ETF to make money.  Except there are some [...]