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
- Best guess is a system-wide reset before the holiday weekend -- back to $2.39. Read this for more: https://t.co/QbBEWHsgbE 03:11:57 PM June 27, 2017 from Twitter Web Client
- Some comments on the price of gas in Belding, Michigan: https://t.co/Wjdxw8f9pt 07:08:37 PM June 11, 2017 from Twitter Web Client
- RT @steve_hanke: Number of oil rigs continues to rise– reaching early 2015 level. Lagged oil prices will soon catch up to rig increases! $7… 07:04:57 PM June 11, 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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