Tuesday, July 10, 3:55 PM:Â I got an e-mail late yesterday afternoon from a retailer in Ohio saying that his wholesale price jumped 30 cents yesterday.Â I didn’t know whether to believe him or not.Â However, we have a second price hike to $3.39 this afternoon, my colleague Patrick tells me that a key refinery in Indiana is going down, and today’s AXXIS quote has Chicago wholesale at a whopping $2.81 versus $2.57 yesterday.Â So, it looks like the retailer from Ohio was correct, and we might be in for *another* price hike this week.Â I’m not going to call this an official prediction, but keep your eyes on those prices while driving.
- History shows -- gas prices not always boring (and maybe a hike coming up this week): https://t.co/hMkQLmUIFq about 11 hours ago from Twitter Web Client
- Fill up ... https://t.co/S2scAOTVvQ 08:09:40 PM July 25, 2017 from Twitter Web Client
- Best guess is a system-wide reset before the holiday weekend -- back to $2.39. Read this for more: https://t.co/QbBEWHsgbE 03:11:57 PM June 27, 2017 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.
AXXIS capacity Chicago Premium competition contracts demand diesel DOE dollar expansion fire fudge factor futures gasoline gas prices gouging Hurricane indiana inventories maintenance margin market no prediction NYMEX Ohio oil PADD prediction price hike prices fall production profit refineries refinery refinery utilization report retailer shutdown Speedway stockpiles storage tv utilization wholesale prices WOOD