Gasoline supplies are up . So are wholesale gas prices.
Submitted by AgentOrange on Mon, 11/11/2013 - 13:27
Submitted by AgentOrange on Thu, 10/10/2013 - 12:23
At this time, the spot market for gas prices are "backwardated"
or in lay terms, "bassackwards." Backwardation occurs when
the current price of spot fuel (currently at $2.73 a gallon)
costs less than the expected futures price.
Why traders are expecting a higher futures price in November and
December doesn't make much sense.
Submitted by AgentOrange on Thu, 09/12/2013 - 16:26
Gas prices will increase from 3 to 15¢ a gallon by Monday, and
Analysts like cause and effect, and when they don't know WHY
Submitted by Charles Langley on Mon, 08/05/2013 - 10:58
This morning the average price of gasoline in Southern California dropped below $4 a gallon for the first time since mid-June, and I predict that prices will drop another two to five cents by Thursday, August 8, when I do my next prediction.
Submitted by Charles Langley on Mon, 07/22/2013 - 08:42
Oil prices are climbing: On Friday, West Texas Intermediary
Submitted by Charles Langley on Mon, 07/01/2013 - 15:14
On June 20, I accurately predicted a major price spike despite an abundance
Submitted by AgentOrange on Thu, 06/20/2013 - 12:59
We are predicting that gas prices will surge from 5¢ to 17¢ a gallon by
How one mylar balloon downed California's 5th largest refinery, and the effect it will have on local gas prices.Submitted by AgentOrange on Thu, 05/30/2013 - 16:41
Today, a mylar balloon downed Exxon/Mobil's Torrance refinery, which supplies 8% of California's gasoline. On May 9, Exxon announced that it was shutting its refinery down for "planned maintenance." In the next four days, Southern California gasoline prices soared 8¢. The current shutdown, which sounds more like an aborted restart, is likely to cause more jumps at the pump this weekend as fuel buyers scramble for supplies.
Submitted by Charles Langley on Mon, 05/13/2013 - 16:42
Oil prices are going down. The spot market price for gasoline is down. Your gas prices are going up.
Demand for gasoline in California has tanked every year for the last six years, yet prices continue to rise, even as oil prices drop. In 2008, for example, oil was selling for $147 a barrel, and California gasoline reached a record high of $4.62 a gallon. And last October, when gas prices in California surged to an average of $4.72 a gallon - the new record high - the same oil was selling for $89 a barrel.
Submitted by AgentOrange on Thu, 02/28/2013 - 18:36
Today, (2-28-13) we predict that gasoline prices should begin to decline on average in San Diego County through Monday from six to twelve cents a gallon.