I was suprised that last Wednesday’s price hike wasn’t worse, given past history. Also, seeing prices in Grand Rapids and Detroit (where I visited last weekend) in the mid $2.20’s makes me wonder why we are getting such a discount right now versus the New York Unleaded (NYMEX) prices. I’m not complaining, but it makes it harder to predict a price hike, when you don’t know where the bottom is. But, factoring a 12-cent “fudge factor” discount, retailers must be paying $2.20 right now, so on the Northeast side of town, we are at the bottom right now. So, the crystal ball says a price hike this week, but maybe not until Thursday, with a new price in the $2.40’s or $2.50’s. Early Wednesday, I took back this prediction.
- 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
- RT @GasBuddyGuy: July 4 travel: Motorists will be shelling out $1B more the first four days of July this year than they did last year as #g… 09:50:36 AM July 01, 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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