Oil prices are flirting with all-time highs due to tensions about Iran and Nigeria, and wholesale gas prices are creeping up to follow. Fellow gas buddy Patrick DeHaan has pointed out to me to start watching the NYMEX “RB” futures, too, as they track the wholesale price of “Gasoline Blendstock”, which is what we are starting to use as they faze out the MTBE additive. Watching both “RB” and my old friend “HU”, I am getting the sense that a price hike is coming tomorrow or Wednesday, to $2.85 or higher. I don’t know when this ramp up is going to stop, but you can get gas for $2.61 in Sparta today. We saw a price hike on Tuesday the 11th to $2.89, so the prediction was CORRECT.
- Late summer snoozefest continues ... back to $2.99 by Thursday? https://t.co/1HVbliojum about 16 hours ago from Twitter Web Client
- Looks like we are heading back to $3.09 ... https://t.co/kQz8w0zy34 09:24:17 PM August 06, 2018 from Twitter Web Client
- How did we get to $2.69? Why will we go back to $2.99 soon? https://t.co/W7jbVBHx73 09:31:46 AM July 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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