There are a lot of weird things going on right now, so I have no clue what is going to be happening this week. Here’s what’s odd: First, I average the current and next month NYMEX futures numbers to estimate the wholesale price. At yesterday’s close, the March future was $1.25 and the April was $1.41. But the March future just closed, now I use April and May. The May was $1.43, so that changes my wholesale estimate from $1.32 to $1.42 in one day, which doesn’t make a lot of sense. Second, you’ve got gas for $1.87 on 44th street and $2.05 on Alpine. The $1.87 suggests a price rise, like, tomorrow, to around $2.09, except that’s close to the Alpine price already. So, let’s just keep an eye on prices this week, and I have no prediction.
- Crazy in Chicago -- fill up again! https://t.co/7qeVfPB32P 08:19:47 PM November 01, 2017 from Twitter Web Client
- Gas price hike: Indiana on Thursday, so Michigan on Monday, right? https://t.co/QJCd7kCHRe 05:06:47 PM October 29, 2017 from Twitter Web Client
- RT @TheGasGame: Not good news ... https://t.co/M4tQOi6xLJ 08:21:45 PM October 24, 2017 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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