Today’s Department of Energy report indicates a less gasoline around than expected, so the futures prices are up today, to $1.92. That corresponds to a new 20-cent margin price (with 8-cent Midwestern Premium) of $2.74. Given Speedway’s recent pricing behavior, I think we see another price hike Thursday or Friday. On Thursday, prices rose to $2.75, so the prediction was pretty much CORRECT.
- 7PM Sunday, and crude oil is $61.23 +11.6%. That's going to send gasoline prices higher, maybe as soon as Monday. 07:06:29 PM September 15, 2019 from Twitter Web App
- It has been a sleepy September, but it is time to fill up: https://t.co/LnSW19ZeRS 11:45:08 AM September 14, 2019 from Twitter Web App
- Maybe Iran will keep gas prices. Maybe not. But back in 2005, if was our Big Red friends. Today's post: https://t.co/vZhzSQnxLU 09:32:23 AM August 18, 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.
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