Monday, October 3, 2016, 8:30PM: Now that I have written in my last post about “nothing-burgers since July”, volatility is starting to perk up in the energy markets. Oil is up 10% over the past two weeks, and wholesale gas prices have followed. I’m calculating negative margins tonight, which almost always signals a price hike is coming up pretty quick. Looking for $2.39-$2.49 as soon as Tuesday. –Ed A.
- Best guess is a system-wide reset before the holiday weekend -- back to $2.39. Read this for more: https://t.co/QbBEWHsgbE about 13 hours ago 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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