Archive for the Tag 'price hike'

We’re rounding the corner… Chinese Economic Stimulus to cause higher prices

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 [...]

Will we get under $2 before wholesale prices force a price hike?

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 [...]

Dow rises 900 points, gasoline rises as well.. hike soon!

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 [...]

Mr. Wholesaler, Tear Down Those High Prices!

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 [...]

First ever Saturday hike! Speedway to $4.19! $5 spotted in the South

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 [...]

HOLY SMOKES! Retail gas prices to reach $5 in the South before Ike hits, over $4 here!

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 [...]

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