Friday, July 6, 3:10 PM:Â NYMEX wholesale prices have been about the same since mid-June, while the two hikes to $3.19 the past two weeks indicates wholesale prices here are running about 15 cents above NYMEX.Â That’s the dreaded Chicago Summer Premium, which is bad this year as a hangover from the refinery troubles in May.Â It is hard to determine how long the CSP will last.Â Today, I’m seeing indications that wholesale prices are up 3 to 5 cents.Â That should mean we won’t see any big retail price drops this weekend.Â I’m going to start watching Chicago prices rather than Minnesota on AXXIS, as I continue my pursuit of more accurate wholesale prices.
- 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
- RT @GasBuddyGuy: July 4 travel: Motorists will be shelling out $1B more the first four days of July this year than they did last year as #g… 09:50:36 AM July 01, 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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