Monday 10 Nov 2008 | Posted By
Patrick |
Predictions
I’m getting quite close to announcing a price hike in Grand Rapids and other Michigan areas as wholesale prices rise this morning, due to news of a Chinese Stimulus program to help their economy. This is not good news for consumers, as we’ve benefited from lower Chinese demand in the form of less competition for [...]
Thursday 06 Nov 2008 | Posted By
Patrick |
Predictions
I don’t like to be bearer of bad news, but I believe we are approaching the lowest gasoline prices we’ll see for a while. While gasoline prices usually "bottom out" in late November and early December, I believe with the dramatic fall in prices and negative profit outlooks for refining gasoline, it will result in [...]
Tuesday 14 Oct 2008 | Posted By
Patrick |
Predictions
As of late, oil and gasoline have been virtually tied to the Dow as we look to economic woes as reasons to sell-off gasoline and oil contracts. With the Dow finally putting together a noteworthy rally, gasoline and oil both surged.
With a gain in wholesale prices along with much tighter Midwest supplies, we can expect [...]
Monday 15 Sep 2008 | Posted By
Ed Aboufadel |
Predictions
Monday, September 15, 2008, 4:20PM: I think we’ll look back on this weekend as the turning point for gas prices for quite a while. On Friday and Saturday, there were price hikes to $4.09 and then $4.19, driven by fears of massive shortages due to Hurricane Ike striking Texas, and a sense that we were [...]
Saturday 13 Sep 2008 | Posted By
Patrick |
Predictions
EDIT: Speedway has just hiked for the first time EVER on a Saturday. They made the jump to $4.19!
TheGasGame has independently confirmed gas prices of $4.99 in areas of Tennessee (all over!), a few stations in North Carolina, and Kentucky. We’ve also confirmed prices of $4.69 in Virginia, North Carolina, and Georgia. Also prices of [...]
Thursday 11 Sep 2008 | Posted By
Patrick |
Predictions
UP-TO-DATE HURRICANE IKE INFO OR CLICK “HURRICANE CENTRAL” NEXT TO THE BLINKING Q&A LINK
If you have any interests in the South (Texas, Lousiana) area, you might want to inform them to stockpile gas at ANY PRICE under $4. Grand Rapids will likely also see a price hike to over $4, with more hikes coming.
Currently, gasoline [...]