Wednesday, January 2, 2013, 7:20PM: Happy New Year! Over the last few years, we’ve pointed out a pattern of gas prices being in line with stock prices. This made sense as financiers create more and more instruments to trade gas and oil like stocks. Lately, though, there has been a disconnect, and we’ve seen it this week. The stock market soared Monday on expectation that Congress would agree on a “fiscal cliff” law, and then today after the law was passed. Yet, wholesale gas prices actually have gone down a dime this week so far. So, unless wholesale prices decide to play catch-up tomorrow, I’m expecting gas prices to continue to slide at least until Monday. — Ed Aboufadel
- Wholesale prices jumped up 10 cents a gallon today. Don't be surprised to see $2.49 on Thursday. -EA 09:04:20 PM February 25, 2015 from TweetDeck
- Darn it! Price hike today. http://t.co/KzfnM4mk15 08:20:11 PM February 21, 2015 from TweetDeck
- Here's the math behind yesterday's price hike -EA http://t.co/6UCSURUgi7 09:53:54 AM February 11, 2015 from TweetDeck
Why We Are Here
E-mail the authors!
Ed A.: abou...@gvsu.edu
Bill E.: paxm...@gmail.com
We enjoy working to predict and further understand the "game" behind gas prices.
Further discussion of the Gas Game at GasBuddy.com
Note: To be precise, add 9/10 of a cent to all prices described on this web page.
Feel free to also visit the WAP website, available from your phone to see updates at any time! Simply visit TheGasGame.com from your cell phone and you'll see a lite version of the site!
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