I’m posting today because there is a lot of weirdness going on. Tuesday’s price hike to $1.79 has apparently not been matched by everyone, particularly along Michigan Avenue, and the Speedway there is already down to $1.69. The US Dept. of Energy reports on the “This Week in Gasoline” website that last week Midwest gas prices were on average six cents *lower* than on the East Coast. Then there was yesterday’s action in the futures markets in New York, where wholesale prices rose to a 13-year high, with oil over $38 a barrel. It doesn’t quite all add up to me right now, which means we should just keep a close eye on everything.
- History shows -- gas prices not always boring (and maybe a hike coming up this week): https://t.co/hMkQLmUIFq about 11 hours ago 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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