An interesting and long article on the front page of Sunday’s GR Press about gas prices. Some of it fits my experience, but I don’t agree with the calculation about stations losing money. I’ve been doing the Gas Game publicly for four years, and I have heard from many dealers, but no one has ever said shipping and handling adds 18 cents to a gallon of gas. If you add that to my formula, then price hikes basically re-set the price so that the retailers are breaking even, and that doesn’t ring true with me. I have also been told that competition is not “dwindling” and is rather intense. By my estimation, break-even for the retailers is in the low $2.70s today, so we are setting up for a price hike to $2.89 or higher soon. The next day, prices rose to $2.89. Now that’s what I call CORRECT!
- You snooze, you lose ... comments on Saturday's rare price hike ... https://t.co/FD1j34Kh4Y 09:35:10 AM March 18, 2018 from Twitter Web Client
- Fill up tonight or tomorrow ... https://t.co/qEPCRJ1FVB 04:17:26 PM March 06, 2018 from Twitter Web Client
- Go to Lowell. Buy gas for $2.20. Win the Gas Game! Hike expected this week: https://t.co/mYZd76hrQj 09:25:27 PM February 19, 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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