The Gas Game Welcome Guest | Login or Register

0 comments Tuesday 23 Jun 2009 | Posted By Ed Aboufadel | Predictions

Comment on my June 11 posting: Prices made it to $2.69 last week, and then lower this week, so my prediction was CORRECT. Tuesday, June 23, 2009, 4:30PM: The stock market/energy market correlation continues. Stocks topped out recently on June 12, a day after the price of a barrel of oil did, while NYMEX waited [...]

7 comments Thursday 11 Jun 2009 | Posted By Ed Aboufadel | Predictions

Thursday, June 11, 2009, 1:15PM:  The extreme price jumps in the Chicago market continue to sort themselves out, and this report indicates that while NYMEX has been climbing (follow the UGA ETF for a quick read on that), Chicago wholesale prices have been falling.  So, using a $2.07 NYMEX/Chicago wholesale price, I calculate a range [...]

1 comment Tuesday 09 Jun 2009 | Posted By Bill Eby | Predictions

I see the prices falling in the next couple days at least, since the Chicago spot has fallen 21 cents since Thursday.  The supply problem in the Midwest seems to be easing, and we have seen prices fall in some areas.  Since I have had a report that Indianapolis stations recorded a negative profit for [...]

3 comments Monday 18 May 2009 | Posted By Ed Aboufadel | Predictions

There’s definitely a price hike coming, tomorrow or Wednesday, to something about $2.39.

5 comments Sunday 10 May 2009 | Posted By Ed Aboufadel | Commentary, Predictions

Sunday, May 10, 2009, 9:00 AM:  The stock market climbs 10% in two weeks, with bank and energy stocks soaring even more, and wholesale energy prices do the same.  Last week, NYMEX climbed by 19 cents a gallon, which led to the Tuesday price hike to $2.29 and the slow motion price hike this weekend [...]

4 comments Tuesday 05 May 2009 | Posted By Patrick | Predictions

Looking at morning numbers briefly this morning before an interview on WOOD AM1300, I think I might have to announce that I’m expecting a price hike soon to $2.19! A quick look at closing prices on the market from late last week and yesterday:Thursday close $1.42Friday close $1.47Monday close $1.54 As you can see, wholesale [...]