Tuesday, May 23, 2006, 2:15 PM: Last week, stock and commodity markets fell, including the prices of gasoline futures contracts. So far this week, these markets are stabilizing, and today they are rising … together. In fact, gas futures are up 7 cents today from yesterday. With prices dipping below $2.70 around town, they are hitting the 0-cent margin price (using the HB/RU average), so look for a price hike on Wednesday or Thursday, to somewhere in the neighborhood of $2.89. On Wednesday the 24th, prices rose to $2.89, so the prediction was absolutely CORRECT. After slipping over the Memorial Day weekend, prices re-set to $2.89 again on Tuesday the 30th.
Oil/Gasoline Futures
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Why We Are Here
We enjoy predicting and trying to further our knowledge in the gasoline and oil industry. Our ultimate goal is to "win" the game of price hikes and to accurately predict hikes.
Current Contributors:
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.
Current Contributors:
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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