Wednesday, January 16, 2008, 4:30 PM:Â At the beginning of the month, oil hit $100 a barrel and the S&P 500 was trading at 1468.Â Today, oil is down 10%, and the S&P is about 100 points lower, with recession fears among traders of both oil and stocks.Â So, wholesale gas prices have been dropping nicely, and based on the close today, we have a retail range of $2.85 to $3.05.Â Given this, Speedway might hike tomorrow to $3.05, but I doubt it.Â Price hikes usually don’t occur during quick wholesale drops.Â So, the prediction is no price hike until at least Monday.
- Crazy in Chicago -- fill up again! https://t.co/7qeVfPB32P 08:19:47 PM November 01, 2017 from Twitter Web Client
- Gas price hike: Indiana on Thursday, so Michigan on Monday, right? https://t.co/QJCd7kCHRe 05:06:47 PM October 29, 2017 from Twitter Web Client
- RT @TheGasGame: Not good news ... https://t.co/M4tQOi6xLJ 08:21:45 PM October 24, 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