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.
- Last week's hike was probably an overreaction. This week, probably not ... https://t.co/zrdigJHL3e 02:10:22 PM February 23, 2020 from Twitter Web App
- Oil catches a bad cold ... https://t.co/3T4LMybd7y 04:39:23 PM February 02, 2020 from Twitter Web App
- Time to fill the tank ... https://t.co/kYOuOasFb2 02:35:17 PM January 22, 2020 from Twitter Web App
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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