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7 comments Tuesday 12 Aug 2008 | Posted By Ed Aboufadel | Commentary

Tuesday, August 12, 2008, 3:45 PM:  Didn’t get to check in last week as I was traveling and unable to connect to the Internet.  Imagine my surprise, though, upon returning to GR to see that prices haven’t moved much.  I got a media call at the end of July asking about this, and at the [...]

0 comments Saturday 23 Feb 2008 | Posted By Ed Aboufadel | Commentary

Comment on February 19 prediction:  So, the day after a price hike, NYMEX prices jump 10 cents, so you’d think we’d get another hike.  No, that would be WRONG.
Saturday, February 23, 2008, 6:45PM:  Estimate of wholesale price using NYMEX:  $2.60.  Estimate using AXXIS:  $2.45.  That’s quite a difference!  The past several weeks, $2.40 on AXXIS [...]

1 comment Wednesday 12 Sep 2007 | Posted By Ed Aboufadel | Commentary

Comment on 9/3 prediction:  Prices hiked on Tuesday the 4th to $3.24, so the prediction was CORRECT, although a bit light on the price.
Wednesday, September 12, 6:00 PM:  So, a barrel of oil hits $80 today, but wholesale gas prices don’t seem to be spiking.  What’s going on?  First, regarding oil, the Federal Reserve is [...]

3 comments Monday 21 May 2007 | Posted By Ed Aboufadel | Commentary

Comment on last week’s prediction:  I should have kept my 5/16 prediction.  Prices fell a bit on Friday through Monday, with gas as “cheap” as $3.18 on East Beltline.  So, my prediction was WRONG.
Monday, May 21, 2:00PM:  No predictions to make right now.  I am having the hardest time getting a handle on wholesale prices [...]

0 comments Wednesday 25 Jan 2006 | Posted By Ed Aboufadel | Predictions

I am taking back my prediction from Monday afternoon and changing to “no prediction” for the week. Gasoline retailers subscribe to a daily market report that someone was willing to share with me on Tuesday, and the report indicates that Chicago-based wholesale prices are significantly lower than elsewhere in the country right now, due [...]

0 comments Monday 07 Nov 2005 | Posted By Ed Aboufadel | Predictions

1:45PM: I’ve been doing about as well as a coin flip since late August, when Hurricane Katrina blew through. So, I apologize for being WRONG half the time, although I’m losing the Gas Game, too. So, what’s going on here? Wholesale and retail prices have been dropping like a stone since [...]