Gas for $1.90 was spotted yesterday on Division, while gas and oil future prices have continued to slip, lowering the 0-cent margin price to $1.76 (factoring in a 10-cent Chicago Summer Premium for reformulated gas). Meanwhile, you can buy gas for $2.14 in Ada this morning. Keep June 2004 in mind the next time the discussion comes up about the speed in which retailers pass along wholesale price drops. A price hike to reset prices just doesn’t make any sense to me today. What would make sense is a reset of prices (making the price the same everywhere) to, say, $1.97, but I can’t remember Speedway and others ever doing that. So, I predict prices to continue to go down, albeit slowly, through the weekend. Well, that’s more like it — prices dropped 12 cents in Standale in 3 days. So “slowly” doesn’t apply. So, rate this prediction 1/2 CORRECT, 1/2 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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