Chicago's basis (against NYMEX) fell nearly 6c/gal today and stands now at a discount of 4.35c/gal to NYMEX Feb RBOB. Based on the slide, Chicago now has the second largest discount (behind the SF market of all places) in the country.
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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.