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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 [...]

4 comments Thursday 04 Jun 2009 | Posted By Ed Aboufadel | Predictions

Just as we are digging ourselves out of recession caused in part by financial geniuses who bought and sold “default swaps” and other products they couldn’t afford to support, prices spiking to $3 could cause it all to grind to halt again, like it did last summer.

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

Ouch! $2.29 across the Midwest with my benchmark station in Burns Harbor, Indiana skyrocketing overnight to $2.37/$2.49/$2.61! Wow! While the Midwest is suffering from regionally high gas prices, the higher prices should help funnel fuel from the South where refiners are thirsty for a better margin on fuel. I hadn’t made it official on TheGasGame, [...]

0 comments Wednesday 29 Apr 2009 | Posted By Patrick | Announcements, Predictions

After a few busy weeks with a lot of things going on in the background here at TheGasGame, I’ve decided I need to temporarily dedicate more time to those things. Obviously, this means I’ll be away or working to get some things accomplished over the next couple days/weeks. While I’m away, you can continue to [...]