Since the beginning of June, oil futures prices have been hovering around $30 a barrel, and since mid-June, we’ve seen retail gas prices get set at about $1.59, then drop slowly to about $1.39, and then reset to $1.59 on a Thursday. Unless something happens to oil futures prices the next two weeks, we can expect the pattern to repeat. So, no price hike this week, but a price hike next week. And I guess it will be on Thursday August 7. Well, there was a price hike “next week”, namely on Monday August 4th, and a big climb to $1.69. Oil futures did go up somewhat, but I have to label this prediction more WRONG than correct.
Oil/Gasoline Futures
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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.