Finally on Monday we began to see prices more in line with what the future prices are telling us. Of course, the problem with that is that we are now set up for a price hike on Wednesday or Thursday. I calculate a new price in the $2.19-$2.24 range. According to someone I know at a certain “Fast” gas station, here’s what will happen: on the day of a price hike, station managers receive an e-mail at about 6AM, specifying the new price. I’m told they are not to implement the price hike until 10AM, and they can delay it for the rest of the day if necessary to deal with nearby competition. Oh, if only I could get on *that* mailing list! The price rose on Thursday the 21st to $2.29, so pretty much CORRECT, though the price was higher than predicted.
Oil/Gasoline Futures
Search TheGasGame.com!
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.