This is a difficult time of year to make predictions. With the end of September, the federal requirement for reformalated gasoline, to reduce pollution, is no longer in force, so the “Chicago Summer Premium” goes away. This should take 10 cents off of wholesale and retail prices, and I expect the CSP has already been shrinking. Without the CSP, the 0-margin price of gasoline is about $1.32 right now. Mr. Big might decide on a price hike this week, because some stations are selling gas for $1.37 right now, but I just don’t know, since prices are $1.47 in a lot of places, too. So, no prediction this week. Mr. Big ordered the new price to be $1.59 on Thursday. In a classic gas game moment, I was able to fill up at $1.45 at a station that was slow to implement the new price.
- History shows -- gas prices not always boring (and maybe a hike coming up this week): https://t.co/hMkQLmUIFq 10:44:59 AM August 19, 2017 from Twitter Web Client
- Fill up ... https://t.co/S2scAOTVvQ 08:09:40 PM July 25, 2017 from Twitter Web Client
- Best guess is a system-wide reset before the holiday weekend -- back to $2.39. Read this for more: https://t.co/QbBEWHsgbE 03:11:57 PM June 27, 2017 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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