On March 7, wholesale unleaded gasoline was $1.16 a gallon. Last Friday, it was $0.77. That’s a 33% drop in wholesale prices. Retail prices have been slow to adjust. Take 33% off of the high of $1.80 in March, and you get $1.20. Of course, it isn’t that simple, and retailers have gasoline sitting in their tanks they paid more for a few weeks ago, but as new supplies come into town, prices should continue to drop. I don’t see a price hike this week, just drops of 1 to 3 cents a day. Next week, we’ll start thinking about the “10-cent Chicago Summer Premium”. A price hike to $1.49 spread slowly across the area on Thursday, so I was WRONG!
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- Diesel prices are on my mind, and Michigan seems to have avoided a Midwestern hike so far: https://t.co/2vuUW5O5LP 02:12:26 PM May 14, 2023 from Twitter Web App
- Nothing like a 40-cent difference in the same county: https://t.co/EWWMJGEPpI 01:22:52 PM May 07, 2023 from Twitter Web App
- A reasonable price right now in Michigan: $3.39. Details here: https://t.co/nTDJqXpahS 12:36:28 PM April 30, 2023 from Twitter Web App
Why We Are Here
We enjoy predicting and trying to further our knowledge in the gasoline and oil industry. Our ultimate goal is to "win" the game of price hikes and to accurately predict hikes.
Current Contributors:
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.
Current Contributors:
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.