2:00 PM: NYMEX futures prices have fallen another 14 cents this week. Right now, that puts the 0-cent margin price at $2.19 and the 20-cent margin price at $2.41. However, we know that prices have been staying above the 20-cent margin price the past few weeks due to the “fudge factor” difference between New York and Chicago prices that is probably still due to hurricane damage. Nevertheless, prices will continue to fall, perhaps with some drama, this weekend and Monday, so don’t rush to fill up. Prices continued to fall, slowly but surely. The morning of 10/19, you could buy gas for $2.47. The prediction was essentially CORRECT.
- We're back in price hike territory ... https://t.co/dSmYcmu2Zb about 23 hours ago from Twitter Web Client
- Garden variety hike for Flag Day ... https://t.co/YBouxJYFHo 07:23:34 PM June 12, 2018 from Twitter Web Client
- Nice prices drops lately ... it probably won't last: https://t.co/2vzKoSSKjL 06:28:11 PM June 03, 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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