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1 comment Wednesday 03 Sep 2008 | Posted By Patrick | Predictions

Many Americans can breathe a sigh of relief as workers slowly return to the Gulf to survery storm damage today. As of Wednesday morning, I have yet to hear of major damage to any facility that processes oil or natural gas. That has led to a large oil sell-off the last few days, with crude [...]

0 comments Saturday 30 Aug 2008 | Posted By Patrick | Predictions

Note: I decided I had better take a quick break from vacation. I was away hiking in Yellowstone, please forgive me for not posting. When my phone got service yesterday, I had received numerous voice-mails informing me that a Hurricane “Gustav” had formed and could be effecting gas prices. Unfortunately I’ve been out of the [...]

2 comments Thursday 19 Jun 2008 | Posted By Patrick | Predictions

Today’s market slid over 13-cents per gallon on positive news coming out of China: they’re finally lowering subsidies on oil and fuel products. The market immediately turned south after realizing that one of the biggest developing nations was now passing on higher prices to its consumers. This has the potential to turn the whole market [...]

0 comments Wednesday 04 Jun 2008 | Posted By Patrick | Predictions

It’s been a while since I wrote here folks, but it seems prices have been “somewhat” steady around our region, and quite steady (what a surprise!!) in Grand Rapids. If you read my previous post about the Summer Forecast, you’ll have a better idea where this post fits in the big picture. Of course my [...]

0 comments Thursday 21 Feb 2008 | Posted By Patrick | Predictions

Before opening the DOE report today, one day later than normal because of President’s Day, I thought how much today’s report could either help or hurt. Well, after reading through all the numbers and descriptions, I think is report is some much needed good news; however, it does not come without some concerns. My concern: [...]

1 comment Monday 18 Feb 2008 | Posted By Patrick | Predictions

Speedway has just set the price of $3.19 at their stations this morning (fill up!), but the larger question- is this the start of the ugly mess called the “Spring Run-up”? I’m pretty sure this is it… just like the Nazi submarine in the movie U-571… we’re going up and can’t slow our ascent! We’re [...]