1:00PM: Last week’s scattered price hike indicates that we can start using the NYMEX futures prices again with confidence. Since the price hike, the futures have dropped almost a dime a gallon, putting the 0-cent margin price at about $2 even today. With $2.07 on Alpine the lowest price right now, and an average around town of about $2.14, I could see them going either way tomorrow with a price hike. It depends on what happens on NYMEX this afternoon. If they rally this afternoon, then there should be a price hike tomorrow, to about $2.20. If NYMEX stays below $1.50, I don’t think we’ll have a price hike. You can see the NYMEX Gasoline price on CNBC. NYMEX prices didn’t get to $1.50, and in fact went lower, and then there was no price hike, so the prediction was CORRECT.
- 7PM Sunday, and crude oil is $61.23 +11.6%. That's going to send gasoline prices higher, maybe as soon as Monday. 07:06:29 PM September 15, 2019 from Twitter Web App
- It has been a sleepy September, but it is time to fill up: https://t.co/LnSW19ZeRS 11:45:08 AM September 14, 2019 from Twitter Web App
- Maybe Iran will keep gas prices. Maybe not. But back in 2005, if was our Big Red friends. Today's post: https://t.co/vZhzSQnxLU 09:32:23 AM August 18, 2019 from Twitter Web App
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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