The price hike on Tuesday still doesn’t make sense to me, but since the end of the day Monday, wholesale prices via NYMEX are up 18 cents. Suddenly, the 0-cent margin price is $2.23, and prices in the $2.40’s don’t seem crazy. The trouble is that we usually get a big price hike after a ramp in wholesale prices, not before. I’m starting to worry, but not enough to make a prediction. One other thing: the last two years, there has actually been a “Chicago discount” in March versus the NYMEX prices. Where is it this year?
- Still no rush to fill the tank ... https://t.co/ZGf83EEmk3 07:32:41 PM October 17, 2018 from Twitter Web Client
- Lack of drama continues with gas prices ... https://t.co/owaBr4Gdih 07:03:29 PM October 07, 2018 from Twitter Web Client
- Still looking for a price hike on Monday, but this is a silly September: https://t.co/hRv324DmcM 04:30:57 PM September 22, 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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