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.
- Uh oh ... https://t.co/zw7nRu3Co6 09:20:20 PM September 21, 2017 from Twitter Web Client
- Harvey, Irma, Joel, Katia, and now Lower ... https://t.co/Qy1wuUpVLe 08:22:38 PM September 13, 2017 from Twitter Web Client
- You should probably fill up this evening: https://t.co/mXPygxjMR3 04:35:30 PM August 31, 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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