Friday, November 14, 2014, 9:30AM: This week, we’ve seen hikes in Indiana to $2.99 and yesterday in Michigan to $3.09. These jumps haven’t really fit the Gas Game historical pattern, and yesterday’s Michigan jump looks like a desperate effort to make up for some losses on old inventory purchased at a much higher price in September. Expect significantly lower prices, as oil fell to its lowest price this year late Thursday, and gasoline futures followed. Ethanol is back up, but I am still estimating a price to retailers of about $2.75, so there’s a lot of room to drop. –Ed A.
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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