Sunday, August 19, 2012, 9:45AM: Have we topped out for the summer? Since the August 10 re-set to $3.99, retail prices have been dropping into the $3.70’s, in part because wholesale prices have been falling, too. Seems like they are getting those refineries and pipelines fixed. We’ll keep monitoring the brother-calls theory. As of Friday’s close, I calculate a price-to-retailers of $3.67 a gallon, which corresponds to a price floor of $3.57. With $3.75 being the cheapest in Grand Rapids, we have room to drop further. So, the earliest I would anticipate a price hike in Thursday, and that depends on how the markets trade the next few days. Prediction: falling prices continue. — Ed Aboufadel
- Happy Thanksgiving! Not sure if we hike tomorrow or not ... https://t.co/djRBIMUSRB 07:10:52 PM November 21, 2017 from Twitter Web Client
- 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
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