Thursday, May 5, 2011, 9:30 PM: Wow. I wrote Tuesday night about the plunge in silver prices, “don’t be surprised if gold is next, then oil and gas, and then stocks.” I wasn’t predicting that this would happen this week! Today, though, as you may have heard elsewhere (including in the comments of our previous post), wholesale prices dropped about a quarter dollar a gallon, and unprecedented one-day drop, and gold and stock prices were down, too. Will this continue on Friday? That isn’t the point of this web site. The point is to predict that retail prices will start dropping significantly, perhaps starting tomorrow, heading for below $4 a gallon. So, c’mon Speedway and friends, you love to pass along those wholesale hikes. Time to pass along this steep drop! — Ed Aboufadel
- RT @RITESIDETrans: Monday 3/27/17 at 3:26 p.m. Chicago Market up 8.6 cents for gasoline (CBOB & RBOB) and up 3/10ths of a cent for diesel 07:17:25 PM March 27, 2017 from Twitter Web Client
- Uh, oh. A bad report from Chicago tonight on CBOB prices, so we are set for a price hike on Tuesday. $2.49 in Michigan? -EA 07:16:57 PM March 27, 2017 from Twitter Web Client
- Gasoline prices want to go lower: https://t.co/5ThHGteRMr 03:40:17 PM March 21, 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