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2 comments Thursday 02 Oct 2008 | Posted By Patrick | Predictions

As prices continue to fall here in the Midwest, the South has not yet forgotten the sting and pain that Hurricane Ike brought, roughly 3 weeks ago. Atlanta, GA is still suffering from periodic gas shortages and high prices. The same is occurring in other locations in the South. Here in Michigan it is relatively [...]

10 comments Wednesday 24 Sep 2008 | Posted By Patrick | Predictions

With prices falling (and rightfully so) to the $3.60’s (suburbs) and $3.70’s (GR area) and much lower in other parts of the state, is a hike likely anytime soon? It could be… chances are really 50/50, but I personally filled up just in case so I wouldn’t get caught losing too much money if prices [...]

14 comments Wednesday 17 Sep 2008 | Posted By Patrick | Commentary

Just to put it out there, local stations are purchasing gasoline today for as low as $3.63.
Some have lost money purchasing fuel at the worst time this past weekend, but we’ll see how fast prices fall and who’s willing to sacrifice their average 49.9cent margin per gallon.

8 comments Monday 15 Sep 2008 | Posted By Patrick | Commentary

Oil seems likely to continue its fall tonight and tomorrow as Big Oil assess its refineries after Hurricane Ike.
Grand Rapids prices should head WELL South of $4!
Also according to Reuters calculations, here are some of the numbers that have impacted gasoline prices:
CUMULATIVE IMPACT OF GUSTAV AND IKE
*20.48 million barrels of crude oil
*102.79 billion cubic feet [...]

0 comments Tuesday 09 Sep 2008 | Posted By Patrick | Predictions

This page is filled with great information on the math behind gasoline prices, the stats of hikes, days they are most likely to occur, and the data behind why prices rise and fall. This information is about as raw as it gets, meaning it is hard to understand for some who haven’t looked at it [...]

0 comments Monday 25 Aug 2008 | Posted By Ed Aboufadel | Predictions

Monday, August 25, 2008, 2:00 PM:  Wholesale prices spiked up last Thursday, and we got the price hike last Friday to $3.89. Then, on Friday, wholesale prices dropped a lot, and … prices didn’t drop very much, yet.  There are prices below $3.80 scattered about, and I predict over the next few days, you’ll see [...]