Pretty peculiar out there right now — in many parts of town, prices are in the $1.93 to $1.99 range, following up the price hike last week. In other parts, there didn’t seem to be a price hike, and prices are in the low $1.80’s. Wholesale prices are odd, too. I usually average the current month and following month prices from NYMEX, and this morning the March futures are $1.28 while the April futures are 10 cents higher, which is quite unusual. Put it all together, and, well, if I was Speedway, I’d reset all my stations to $1.99 again this week. That’s not a prediction for now, though, but keep your eyes open for rapid changes. Like I said, it wasn’t an official prediction, but it was accurate, as prices went up to $2.03 on Thursday. They were back to $1.96 a lot of places by Saturday, though.
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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