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
- The Shadow of #Glencore may mean a price hike to $2.59: http://t.co/qNCEn6knbM 09:28:57 PM September 29, 2015 from TweetDeck
- Still no rush to fill up -- maybe later this week? http://t.co/lRLcYi21bN 02:38:43 PM September 14, 2015 from TweetDeck
- After the Surge, no price hike on the horizon: http://t.co/9sdhZ3Ao4w 11:24:04 AM August 20, 2015 from TweetDeck
Why We Are Here
Ed A.: abou...@gvsu.edu
Bill E.: paxm...@gmail.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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