Sunday 14 Sep 2008 | Posted By
Patrick |
Commentary
EDIT: FOR LATEST UPDATES ON REFINERY DAMAGE/SHUTDOWNS, VISIT THE REFINERY STATUS PAGE
NYMEX opened today at 10:30am, a break from when the exchange usually opens in the evening for electronic/international trading.
At 2:00EDT, gasoline for October delivery was trading down 12-cents/gallon while oil fell below $100/bbl.
I am researching and making calls today for possible damage reports. So [...]
Saturday 13 Sep 2008 | Posted By
Patrick |
Predictions
EDIT: Speedway has just hiked for the first time EVER on a Saturday. They made the jump to $4.19!
TheGasGame has independently confirmed gas prices of $4.99 in areas of Tennessee (all over!), a few stations in North Carolina, and Kentucky. We’ve also confirmed prices of $4.69 in Virginia, North Carolina, and Georgia. Also prices of [...]
Thursday 11 Sep 2008 | Posted By
Patrick |
Predictions
EDIT: 9:15pm EDT:
With the blog becoming the focus across the nation tonight, I am doing my part… or trying. Here’s what everyone can expect for tomorrow and the days ahead: Prices will likely rise for tomorrow in MOST areas. Here in the Midwest, we can expect at least 20-30cent differentials between now and tomorrow night. [...]
Wednesday 10 Sep 2008 | Posted By
Patrick |
Commentary
First off: Read this post thoroughly if you want to find out WHY prices are justified.
A brief thank you to Tom Kloza for taking the time out of his day (Publisher @ OPIS) to respond to a few questions I had.
I now understand and can say that I know why Grand Rapids (and all of [...]
Wednesday 30 Apr 2008 | Posted By
Patrick |
Status Update
DISCLAIMER: When gasoline prices fall over an extended period of time (Mid September thru October 2008), and there aren’t RECENT PRICE HIKES, the Speedway Effect becomes irrelevant since it is based on prices on the wholesale market rising and falling. Without these price fluctuations, there is no dominance in any market. Studies have proven this.
Here, [...]
Monday 17 Sep 2007 | Posted By
Patrick |
Predictions
Today marks the change back from summer gasoline to the winter blend that is much easier and less expensive to produce. Will this play a major factor in deciding whether prices go up tomorrow? It definitely could. I am looking for a hike to $2.99, but it may or may not happen, and it may [...]
Loading ...
