Wednesday, August 20, 2008, 4:30 PM: AXXIS prices have gone down 12 cents since the last price hike, but NYMEX prices have gone up. I suspect that, all-in-all, wholesale prices are down a bit (particularly given my silly August formula from my last posting), but at the same time there are a lot $3.78’s around, which may be getting close to the 0-cent margin price. So, it seems like 50/50 again about a price hike tomorrow or Friday, so I’m again going to bail on making a prediction. If you see gas for more than $3.84, though, keep driving, possibly to Wyoming or Lowell.
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.
Hike to 3.89 today