With gas prices dropping towards $1.80, it is pretty clear that a price hike is coming this week to the upper $1.90’s. The question is: which day? A little more than half the time, a price hike comes on Thursday, so that’s the most likely candidate. But pay attention if prices are reset on Tuesday or Wednesday. I am stunned by the WRONG-ness of this prediction. No price hike this week?! The set-up was perfect, including an uptick in futures prices. In preparation, I filled the tank for $1.79 Wednesday afternoon.
- Thursday the 20th, in the morning, fill up with gas. No time for commentary, and my Gas Game buddies have already… https://t.co/DsgWxHbABi about 11 hours ago from Twitter Web Client
- Ed says: Fill up today! https://t.co/tsx6ayIh7E 08:06:39 AM September 03, 2018 from Twitter Web Client
- Late summer snoozefest continues ... back to $2.99 by Thursday? https://t.co/1HVbliojum 04:42:54 PM August 18, 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.
AXXIS capacity Chicago Premium competition contracts demand diesel DOE dollar expansion fire fudge factor futures gasoline gas prices gouging Hurricane indiana inventories maintenance margin market no prediction NYMEX Ohio oil PADD prediction price hike prices fall production profit refineries refinery refinery utilization report retailer shutdown Speedway stockpiles storage tv utilization wholesale prices WOOD