Archive for the Tag 'price hike'

$2.29? The market is roaring right now.

Wednesday, May 6, 2009, 7:30 AM:  Another price hike yesterday — to $2.29 — and it starting to feel a bit like the first half of 2008.  I write this because wholesale prices shot up 20 cents over the past week, so retail prices have followed, and we have our highest prices of the year.  [...]

Price jump soon (today?) to $2.19?

Looking at morning numbers briefly this morning before an interview on WOOD AM1300, I think I might have to announce that I’m expecting a price hike soon to $2.19! A quick look at closing prices on the market from late last week and yesterday:Thursday close $1.42Friday close $1.47Monday close $1.54 As you can see, wholesale [...]

Speedway raises prices day after huge drop in wholesale prices

Let me just say how surprised I am that Speedway raised prices today. I think everyone should be able to see how out-of-line this price hike was as it stunned many. Wholesale gasoline prices closed down a good amount yesterday, so why did Speedway raise prices? Good question. And while we’re on the topic, Speedway [...]

Hike tomorrow? Not sure, be on lookout

With prices falling locally and wholesale prices remaining relatively flat, we’re close to a price hike. I am led to believe that odds are against a hike, but it’s very close. If you need gas and can find it on your next trip out for less than $2/gal, I would definitely fill up. I’m nearing [...]

“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 [...]

Price hike inevitable Monday or Tuesday… $2.09? $2.15?

After some mixed news last week about oil and gasoline inventories, prices has slowly risen. While we should all be happy prices are still WELL below their year-ago levels, I will let you know that we should see a price hike Monday or Tuesday to between $2.09-$2.15. While I personally believe crude prices should keep [...]

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