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1 comment Thursday 06 Nov 2008 | Posted By Patrick | Predictions

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 [...]

5 comments Friday 10 Oct 2008 | Posted By Patrick | Predictions

That’s right folks- we’re in a huge downward trend. I’ll be the first to say I screwed up! I filled up for $3.77 (wow, seems like a while ago!) just TWO WEEKS ago… I’m still burning through that tank in fact. Was that a mistake? YES! Is it a mistake to do the same thing [...]

4 comments Thursday 14 Aug 2008 | Posted By Patrick | Commentary

A couple weeks ago, I blogged about how I typically fuel up at BP and recently became frustrated with their new mark-up scheme on mid-grade and premium gasoline. Their “grade gap” (also known as the difference in price between grades) HAD been nine cents (3.90/3.99/4.08) for as long as I could remember. About a month [...]

2 comments Friday 18 Jul 2008 | Posted By Patrick | Commentary

THIS POST EDITED AT 4:20PM EDT 7/18/08
Speedway Station at Michigan and Fuller STILL charging $4.25 as of Friday mid-morning!

[IMAGE: Cost to large branded station (AS LOW AS) $3.67 VS Retail Price, as high as $4.25]

2 comments Friday 11 Jul 2008 | Posted By Patrick | Commentary

Oil is $146 a barrel today.
Want to know why U.S. supplies are OVER 50 million barrels below where they were last year? Want to know why oil prices keep rising? The two are directly connected, and its going to keep getting worse unless the dollar strengthens.
As I said, today oil hit $146- a new record. [...]

3 comments Tuesday 27 May 2008 | Posted By Patrick | Predictions

The long awaited 2008 Summer Driving season is now upon us, after a mostly gloomy and cool Memorial Day weekend here in Mid-Michigan. With gasoline prices approaching and surpassing $4, many are asking what’s in store for this Summer… what can I expect, when should I vacation?
This post may be one of my longer posts. [...]