Despite some hopes and predictions, we’re back to oil being close to $50 a barrel, which had driven up gasoline prices so far in 2005. This morning, the 20-cent margin price on gasoline is $2.05, while the cheapest gas in town is $1.94 down on 44th street. Once that difference is 10 cents or more, a price hike becomes more likely. So, I suspect they’ll raise prices above $2 again on Thursday, although I’m not feeling certain about this prediction. And my lack of certainty was confirmed by no price hike on Thursday. Honestly, if they had raised prices, I wouldn’t have taken credit, so I’m not going to take blame.
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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