On March 7, wholesale unleaded gasoline was $1.16 a gallon. Last Friday, it was $0.77. That’s a 33% drop in wholesale prices. Retail prices have been slow to adjust. Take 33% off of the high of $1.80 in March, and you get $1.20. Of course, it isn’t that simple, and retailers have gasoline sitting in their tanks they paid more for a few weeks ago, but as new supplies come into town, prices should continue to drop. I don’t see a price hike this week, just drops of 1 to 3 cents a day. Next week, we’ll start thinking about the “10-cent Chicago Summer Premium”. A price hike to $1.49 spread slowly across the area on Thursday, so I was WRONG!
- Enjoy $2 gas in north west Kent County (MI). More here: https://t.co/I4wlvL8McV 06:59:17 PM November 25, 2018 from Twitter Web Client
- Maybe we reset to $2.49 before Thanksgiving, but prices have been dropping considerably. More here ... https://t.co/u0hbFZZWx1 05:11:23 PM November 18, 2018 from Twitter Web Client
- Look for under $2.40 this week before you fill up ... https://t.co/g54cItT3cB 06:12:30 PM November 11, 2018 from Twitter Web Client
Why We Are Here
Ed A.: ab...@gvsu.edu
Craig P.: cr...@paull.net
Tim S.: ts...@gmail.com
Bill E.: pa...@yahoo.com
The name of the site is based off an essay Ed wrote for the Grand Rapids Press titled "The Gas Game". The current website was established later by Patrick DeHaan after he and Ed predicted gas price hikes on GasBuddy's website GrandRapidsGasPrices.com, as well as Ed’s personal web page.
Note: To be precise, add 9/10 of a cent to all prices described on this web page.
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