I was contacted by WZZM-13 last late week regarding gas prices, and some of you saw me on the news on Sunday. In preparing for the interview, I did a review of what has happened the past five years in March, and a pattern emerged. In four of the five years, we had a ramp up in prices starting in mid-February, and lasting to about the end of March. I think this has to do with refining capacity dropping this time of year due to maintenance. This year, the switchover to gas without MTBE is another factor which has caused all the price hikes. So, starting around 02/15/07, I’ll be the price-hike predictor for a month.Though the futures are off 3 cents this morning, that price hike to $2.65 last week has disappeared in many places, so we could easily get a price hike to $2.69 by Wednesday. Consider that a prediction. I’ll also predict that, unless we get some unforseen natural disaster or war, prices will be lower in April and May. I got sucked into the multiple price hike hysteria; the prediction of a Wednesday hike was WRONG.
- How did we get to $2.69? Why will we go back to $2.99 soon? https://t.co/W7jbVBHx73 about 14 hours ago from Twitter Web Client
- 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
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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