I inquired this week about the actual wholesale price, to re-calibrate my spreadsheet if necessary. For those of you playing the Gas Game at home, the real 0-cent margin price on Monday was about $2.83. This is very close to my daily calculation, if you *average* the “HU” and “RB” contracts. In another month or so, it should be clear how to use the new “RB” contract. Although we are not happy about recent price hikes, they actually could have been worse, but Speedway and friends are using smaller margins right now, rather than price gas over $3. Another positive is that wholesale prices have dropped nine cents since Monday, meaning some stations will set prices below $2.80 over the next few days, I predict. All went as predicted, with no price hike, and prices below $2.80 at several places, including along Alpine, so CORRECT!
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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 03:12:26 PM May 14, 2023 from Twitter Web App
- Nothing like a 40-cent difference in the same county: https://t.co/EWWMJGEPpI 02:22:52 PM May 07, 2023 from Twitter Web App
- A reasonable price right now in Michigan: $3.39. Details here: https://t.co/nTDJqXpahS 01:36:28 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.