Wednesday 06 May 2009 | Posted By
Ed Aboufadel |
Commentary
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. [...]
Tuesday 05 May 2009 | Posted By
Patrick |
Predictions
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 [...]
Tuesday 21 Apr 2009 | Posted By
Patrick |
Predictions
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 [...]
Wednesday 15 Apr 2009 | Posted By
Patrick |
Predictions
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 [...]
Sunday 12 Apr 2009 | Posted By
Ed Aboufadel |
Commentary
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 [...]
Sunday 05 Apr 2009 | Posted By
Patrick |
Predictions
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 [...]