In the news yesterday was that OPEC is cutting production, but also that the amount of gasoline currently available to retailers is more than expected. News like this is making wholesale prices more volatile, with prices of gasoline moving 3 to 4 cents up or down depending on the day. I’m sure it is just a coincidence that if you take the worst wholesale price this week and compute a retail price, you get $1.84, and that is what we are paying today. Since wholesale prices are already three cents lower than Tuesday, I expect we’ll see some good price drops over the next few days. I have no idea about next week. Gas was $1.70 in Wyoming on Sunday. That’s a nice price drop, so this was a CORRECT prediction.
- $3 gas in 2018 and other fearless predictions: https://t.co/c5SaxSu8ms 06:05:06 PM January 01, 2018 from Twitter Web Client
- You snooze, you lose ... https://t.co/EpF25AgY1v 06:41:20 PM December 17, 2017 from Twitter Web Client
- It's the most wonderful time of the year ... to buy gas! https://t.co/rBFbqhfCgN 11:05:58 AM December 03, 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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