I have been quite surprised with the way NYMEX prices have been dropping since August 2, particularly the ethanol-based RB â€œBlendstockâ€. Mondayâ€™s hysteria seems quaint today. Also, the DOE report has us with lower gasoline stocks, but NYMEX prices have just strugged. Is demand for gasoline dropping? I donâ€™t know, but right now Iâ€™ve got the 0-cent margin price at $2.78 and the 20-cent margin price at $2.99, while prices are above $3 everywhere but Grandville. That means prices will continue to fall, and I am going to stick out my neck and say through Sunday.
- 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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