Thursday 26 Jun 2008 | Posted By
Ed Aboufadel |
Predictions
Comment on the June 18 prediction: Prices rose to $4.15 last Thursday, as predicted. CORRECT.
Thursday, June 26, 2008, 3:15 PM:Â Because it seems like retailers’ margins are tight, or there is some sort of Chicago Summer Discount going on that isn’t reflected in the AXXIS prices, I’ve been trying to keep my tank close to [...]
Friday 09 May 2008 | Posted By
Patrick |
Commentary
As you may or may not know, last night a Citgo station in Kentwood (52nd and Kalamazoo) was priced at $3.87 on the street. However, once at the pump, customers noticed the $2.87 and greedily filled up without saying one word to the station’s employees.
It is appalling to me that this went on for nearly [...]
Monday 28 Apr 2008 | Posted By
Ed Aboufadel |
Predictions
Comment on the April 20 prediction: Prices rose last Tuesday to $3.69, so the prediction was CORRECT.
Monday, April 28, 2008, 4:10 PM: Despite the record-high gas price, there is some evidence that the retailers are actually taking it easy on us, compared to what they are paying. Still, wholesale prices look like [...]
Wednesday 23 Apr 2008 | Posted By
Patrick |
Commentary
My Indiana benchmark has dropped four cents since my last writing, down to $3.69. Is there some reason their wholesale costs are that much higher than Grand Rapids? The station in question in Indiana is definitely a high volume station, so their wholesale costs would be more appropriate to benchmark against compared to a smaller [...]
Friday 07 Mar 2008 | Posted By
Patrick |
Commentary
Here are some charts from GasBuddy.com; lets see if you can figure out where I’m getting at. Look at the charts and carefully look what 3 areas I’m charting (If you see Texas, it is simply used as a baseline because the state lacks a retailer that owns a large portion of the gas stations [...]
Sunday 20 Jan 2008 | Posted By
Ed Aboufadel |
Predictions
Comment on previous prediction: There was no price hike last week, and prices keep falling, so the prediction was CORRECT.
Sunday, January 20, 2008, 11:30AM: By my calculations, wholesale prices correspond to retail prices in a range between $2.87 and $3.09. With prices as low as $2.80 in the area, we’ve got a [...]