I am taking back my prediction from Monday afternoon and changing to “no prediction” for the week. Gasoline retailers subscribe to a daily market report that someone was willing to share with me on Tuesday, and the report indicates that Chicago-based wholesale prices are significantly lower than elsewhere in the country right now, due to regional oversupply. Since I only have daily access to the NYMEX prices (it’s free!), I don’t feel I have the information to make the right prediction for the next few days. Prices could fall to $2 a gallon, jump to $2.49, or just stay where they are. Maybe things will be clearer next week. By Monday the 30th, it all cleared up. We got two price hikes in a row, to $2.39 on Friday and to $2.49 on Monday. Sheesh!
- 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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