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.
- Let's Play! Hike coming this week ... https://t.co/cJoq8k4yaU about 3 hours ago from Twitter Web Client
- $3 gas in 2018 and other fearless predictions: https://t.co/c5SaxSu8ms 06:05:06 PM January 01, 2018 from Twitter Web Client
- You snooze, you lose ... https://t.co/EpF25AgY1v 06:41:20 PM December 17, 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.
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