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!
- As predicted at https://t.co/Y7dk0rvfRM https://t.co/ektf41IIYY 03:15:35 PM October 14, 2019 from Twitter Web App
- As predicted ... https://t.co/E86NGTMwjW https://t.co/x7Swf4PKQv 03:15:12 PM October 14, 2019 from Twitter Web App
- 1) Expecting a price hike, maybe as soon as today; 2) in our latest post, an explanation of some calculation tweaks… https://t.co/7x1nWcwyeC 09:39:57 AM October 14, 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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