Thursday’s price hike was not as bad as I feared, and it sent me to my records to see that last December, there was also a “discount” from the predicted price. Remember my predictions are based on the trading of gasoline futures in New York, since those quotes are readily available, so we’re seeing some East Coast/Midwest differential again. Meanwhile, I hear up on Alpine, prices are back in the low $1.60’s already. So, looking ahead, wholesale price volatilty continues to make predictions more difficult, but based on what is going on today, taking out this temporary “discount” (figure 6 cents), and seeing Christmas coming at the end of the week, the most likely outcome is a price hike back to $1.79 on Wednesday or Thursday. Let’s book that as my last prediction of 2004, as I’ll be taking a few weeks off from the Gas Game, starting up again on January 11th, 2005. Let’s say 1/4 CORRECT, 3/4 WRONG. Some of the Citgo’s in town raised their price to $1.79, but no one else did. The price hikes came later, on December 30, 2004, and then again on January 6, 2005, to $1.89.
- 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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