Archive for the Tag 'NYMEX'

Something Different: Commodity-based ETFs

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 [...]

They went to $2.15 after all

Comment on the April 24 posting:  A week ago, I worried about a hike to $2.15.  We got it this week in two chunks — first to $2.05 on Tuesday, and then to $2.15 today.  Wish I had filled up this morning. Friday, May 1, 2009, 3:30PM:  I was surprised to check out gas prices [...]

Prices vibrating around $2

On Tuesday, we could get a rise to $2.15 or so, but I don’t feel strongly enough about this to make a prediction right now. Things might look different on Monday.

Today in Oil

TheGasGame.com is proud to announce a new feature, “Today in Oil”. This page will be updated most weekday evenings to reflect the day’s closing prices. This will compliment gas price prediction and is available to everyone. Also check out our Refinery Status page! Daily NYMEX spot prices, in dollars at time of writing: ($USD) NYMEX [...]

“Chicago Discount” Clouds Gas Game Crystal Ball

Comment on the April 2 prediction:  We didn’t get a hike until April 7, and it was only up to $2.05, so the prediction was WRONG. Sunday, April 12, 2009, 5:15 PM:  From February 27 until now, there have been five price hike days, and each time, the hike has been up to a price [...]

Are we going back to $2.09 or higher on Friday?

Comment on the March 21 prediction:  Prices rose to $2.09 on the 24th, so the prediction was CORRECT.  We’ve seen slow drops since then. Thursday, April 2, 2009, 2:45 PM:  NYMEX is up 9 cents today, making me nervous about a price hike on Friday, back to $2.09 or maybe even higher.  Yes, let’s make [...]

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