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4 comments Sunday 19 Jul 2009 | Posted By Ed Aboufadel | Predictions

We are at the point where rising wholesale prices are colliding with dropping retail prices, which means a price hike is on its way. I predict a re-set to $2.49 a gallon, except for the handful of gas stations still at that price.

5 comments Monday 06 Jul 2009 | Posted By Ed Aboufadel | Predictions

Comment on my June 30 posting: Prices reset to $2.69 on July 1, except for places where it had never fallen below $2.69. Monday, July 6, 2009, 6:30PM: Wholesale prices have dropped significantly in the past week. With today’s close, I have the 0-cent margin price at a pretty $2.25. So, unless there is a [...]

1 comment Tuesday 30 Jun 2009 | Posted By Ed Aboufadel | Commentary

Comment on my June 23 posting: Prices have continued to fall for a week, so the prediction was CORRECT. Tuesday, June 30, 2009, 9:30PM: I just want to share what I am looking at right now. The moderate jump in wholesale prices this week has given us a 0-cent margin price of about $2.45 and [...]

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 [...]

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.

0 comments Wednesday 20 May 2009 | Posted By Ed Aboufadel | Announcements, Commentary

I want to publicly congratulate Patrick on this step forward in his career.