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.
- You snooze, you lose ... comments on Saturday's rare price hike ... https://t.co/FD1j34Kh4Y 09:35:10 AM March 18, 2018 from Twitter Web Client
- Fill up tonight or tomorrow ... https://t.co/qEPCRJ1FVB 04:17:26 PM March 06, 2018 from Twitter Web Client
- Go to Lowell. Buy gas for $2.20. Win the Gas Game! Hike expected this week: https://t.co/mYZd76hrQj 09:25:27 PM February 19, 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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