In a blink of an eye, whatever discount there was between Chicago and New York is gone, and prices rose here on Friday and Monday, to a new price of $2.49. So, what is next? Crude oil is more than 10% this month, but NYMEX unleaded gasoline hasn’t gone up very much this month, so that makes me nervous. The two price hikes in a row indicate Speedway and friends are nervous, too, so we can’t be surprised to see another price hike by the end of the week. That’s not a prediction as of right now, but we’ll keep an eye on things.
- Last week's hike was probably an overreaction. This week, probably not ... https://t.co/zrdigJHL3e about 22 hours ago from Twitter Web App
- Oil catches a bad cold ... https://t.co/3T4LMybd7y 04:39:23 PM February 02, 2020 from Twitter Web App
- Time to fill the tank ... https://t.co/kYOuOasFb2 02:35:17 PM January 22, 2020 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.
AXXIS capacity Chicago Premium competition contracts demand diesel DOE dollar expansion fire fudge factor futures gasoline gas prices gouging Hurricane indiana inventories maintenance margin market no prediction NYMEX Ohio oil PADD prediction price hike prices fall production profit refineries refinery refinery utilization report retailer shutdown Speedway stockpiles storage tv utilization wholesale prices WOOD