I just updated my spreadsheets from Friday’s action on NYMEX, and I am getting frightened. Wholesale prices jumped 8 cents a gallon on Friday. In a few places on Saturday, there was a mini-hike to $2.35 (for instance, a Citgo on 28th street). There will be a price hike soon (today?!), and the worst case scenario is …$2.48 a gallon. Scary. A few hours after I posted this message, retail prices rose sharply to $2.43. So the prediction was CORRECT, but probably not helpful.
- $3 gas in 2018 and other fearless predictions: https://t.co/c5SaxSu8ms 06:05:06 PM January 01, 2018 from Twitter Web Client
- You snooze, you lose ... https://t.co/EpF25AgY1v 06:41:20 PM December 17, 2017 from Twitter Web Client
- It's the most wonderful time of the year ... to buy gas! https://t.co/rBFbqhfCgN 11:05:58 AM December 03, 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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