TheGasGame.com is Ed and Bill, watching the gas and oil markets and helping you save money on your next fuel purchase.
Information
- Founded:
- 2001
Events
1 past eventSee All
- TheGasGame Founders on WKZO AM...
WKZO Radio 590 AM (West Michigan)
Saturday, December 13 at 7:45am
Notes
3 of 4 notesSee All
- WOOD TV 8 Interview, January 1, 2009 7:13pm Jan 1
- Holland Sentinel Article about Gas Prices 7:34pm Dec 12
- TheGasGame in the Chicago Tribune! 7:31pm Dec 12
TheGasGame.com The commodities market is up yet again, this time on a weak dollar. Fair price is at break even, which can mean a spike is close at hand. It would be prudent to watch the prices as they may climb going into the weekend. Indiana could see $2.75-2.80, Michigan and NW Indiana could be 5-10 cents higher. Or, we could see prices stagnate or drop very slowly… only the people in Ohio know what will happen.
TheGasGame.com A reversal of fortune today, but thanks to the national markets falling. Chicago spot reversed its upward trend yesterday. The likelihood of a spike tomorrow is now close to none. Sorry for the alarm yesterday.
TheGasGame.com Bad news today for the Midwest. Exxon will close the 127,000 barrel per day vacuum distillation unit at Joliet for maintenance starting later this month. This caused the Chicago spot price to climb 5 cents today. It will also cause our prices to be higher in the near future as well. Expect a possible spike tomorrow at the earliest, and Thursday at the latest. Get more info at TheGasGame.com.
TheGasGame.com Be ready for gas prices to climb tomorrow! :(
TheGasGame.com
Chicago spot gasoline:
Fair price: ( $1.9206 +$0.6403 ) = $2.5609
Average selling price - fair price: ( $2.594 - $2.5609 )=
Margin over cost + profit: +$0.0331
Michigan statistics:
Lowest/highest prices: $2.386 / $2.774
Speedway Low/High: $2.449 / $2.699
USA Average: $2.621
Michigan average ( $2.594 ) is $0.027 under
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TheGasGame.com
I've been posting Michigan numbers with the Indiana Chart. Here's the Michigan chart.
http://img.photobucket.com/albums/v432/p
Source: img.photobucket.com
TheGasGame.com
Chicago spot: +$1.9396 UP 0.0144
Fair Price : 2.5810
Average Selling Price: 2.5390
Margin over cost + profit: -0.0420
USA Average: 2.6160
Low Sulfur Diesel Spot: +$1.9337 UP 0.0462
LS Diesel Fair Price: 2.7158
Speedway Diesel Average: +$2.6786 Margin over cost: -$0.037
Chicago RBOB spot 2.0296
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TheGasGame.com
Michigan
Fair Price ($1.9252 + 0.6406): 2.5658
Average Selling Price: 2.5480 Margin over break even: -0.0178
USA Average: 2.6190
Low Sulfur Diesel Spot: +$1.8875 UP 0.0410
LS Diesel Fair Price (LSDS + 0.7793 ): 2.6668
Speedway Diesel Average: +$2.6627 Margin over cost: -$0.004
Chicago RBOB spot 2.0152
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Source: img.photobucket.com
TheGasGame.com
http://img.photobucket.com/albums/v432/p
Wholesale surged 16 cents in Chicago today. That puts the spike likeliness to high. Indiana should get $2.60-2.65. Michigan should get $2.65-2.70. NW Indiana should be really close to Michigan.
TheGasGame.com Gas is too close to call. Go to www.thegasgame.com to see how close it is.
Source: www.thegasgame.com
Keep track of gasoline prices, oil prices, future gasoline prices, future oil prices, see predictions, get price prediction, find gasoline prices, see if you’re getting gouged, find news about diesel prices, ethanol prices, and refinery maintenance and refinery shutdowns.
TheGasGame.com The numbers suggest a spike is possible tomorrow. History shows, however, that two spikes in a week are really rare. With margins this close to break even, that makes the likelihood that a spike will happen to be very low. If you need a fill up and can ge
TheGasGame.com Indiana and Michigan will see a spike tomorrow. I expect Indiana to fall in the $2.40-2.45 range, and Michigan to fall around $2.45-$2.50. NW Indiana will see their prices rise to the $2.50-2.55 range.
TheGasGame.com It's not looking good for tomorrow. There are many factors pointing toward a spike for tomorrow. Yeah, the margins are at a negative (Indy at -14 cents, Indiana at -6.29 cents and Michigan at -1.64 cents). But that's not all. History shows that after a pe
TheGasGame.com Spike possible tomorrow. Check out www.thegasgame.com for more on this, and Ed's article about gouging.
Source: www.thegasgame.com
Keep track of gasoline prices, oil prices, future gasoline prices, future oil prices, see predictions, get price prediction, find gasoline prices, see if you’re getting gouged, find news about diesel prices, ethanol prices, and refinery maintenance and refinery shutdowns.
