Finally on Monday we began to see prices more in line with what the future prices are telling us. Of course, the problem with that is that we are now set up for a price hike on Wednesday or Thursday. I calculate a new price in the $2.19-$2.24 range. According to someone I know at a certain “Fast” gas station, here’s what will happen: on the day of a price hike, station managers receive an e-mail at about 6AM, specifying the new price. I’m told they are not to implement the price hike until 10AM, and they can delay it for the rest of the day if necessary to deal with nearby competition. Oh, if only I could get on *that* mailing list! The price rose on Thursday the 21st to $2.29, so pretty much CORRECT, though the price was higher than predicted.
- How did we get to $2.69? Why will we go back to $2.99 soon? https://t.co/W7jbVBHx73 about 14 hours ago from Twitter Web Client
- RT @TomKloza: Trust me. This week's US crude oil inventory build (+1.2-million bbl) is a head fake. High runs and high exports will lead to… 09:12:23 AM July 07, 2018 from Twitter Web Client
- Expecting $3.09 again ... https://t.co/MkAhvZ197I 09:12:02 AM July 07, 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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