Wednesday, June 30, 2010, 2:45PM: I was on vacation last week, but I see we had a price hike to $2.89 that was surprising to me. My wife and I were in Quebec, and gas prices there were about $1.06 per liter, which translates to about $4 per gallon (using the conversion that 1 gallon is about 3.8 liters, and 1 dollar US is about 1 dollar Canadian). So, I’d rather be playing the Gas Game here in Michigan. One dollar a liter sounds so much more innocent than $4 a gallon. As far as current prices in the region, we’re ranging from $2.78 to $2.89 a gallon. The stock market has been sliding the past several days, so, of course, we have wholesale prices dropping, and they are down 11 cents since the last price hike. That puts the 0-cent margin price around $2.60. So, we have some room for prices to drop, and that is my prediction for the rest of the week and into Monday. — Ed Aboufadel
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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