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View Full Version : Predicting gas prices and filling up accordingly



joft
19 Jun 2007, 08:48 PM
The majority of price hikes occur on Thursdays (http://www.thegasgame.com/analysis-of-past-price-hikes/)

Do you try to predict when gas prices will rise and fall, waiting for it to drop before refilling and taking the risk of running low just as the price rises even more? Have you noticed any patterns, or do you have any advice? Is there a winning strategy, or are your chances just as good if you fill up randomly? Is it necessary to watch the price of oil and the stocks and so forth in order to play the game?

I think about this a lot, but I don't have any advice to offer. To me it seems too irregular to predict. I want to just stop thinking about it completely and spend my mental energy on something else, but it's hard when you're a pizza delivery guy. I need to find a new job

johnnyz.86
19 Jun 2007, 08:49 PM
nope, it's just as hard as predicting girls.

i just fill up randomly.. for both.

outmywindow
20 Jun 2007, 12:00 AM
Moved from Relationships.


(Why was it there in the first place?)

rek
20 Jun 2007, 12:59 AM
Even a pretty big change wont make more than a few dollars difference, so no I don't pay any attention at all and just fill up when I need to. The time and effort put into timing gas is more valuable to me than a few bucks a couple times a month... now if I were a pizza delivery guy it might be different heh

EL84
20 Jun 2007, 01:02 AM
There's a clockwork cycle in Melbourne. It starts going up on Wednesday afternoon. Thursday & Friday are most expensive, drops slightly over weekend, drops properly on Monday, Tuesday is the cheapest. I find it really bizarre.

Always massively inflated a couple of days before a long weekend (and over the weekend), so I must fill up on the Tuesday before a long weekend. I'll be at the petrol station at 10pm filling up, and everyone else is doing the same thing, fairly congested.

I don't stockpile petrol, thus have to buy at least every few weeks, so I get hit by the larger time scale price swings no matter what.

prplchknz
20 Jun 2007, 01:58 AM
I buy gas when I run out. I can't really plan my life around gas prices. Though it's been down here for the past few weeks, which has been nice.

Oculus Sinister
20 Jun 2007, 03:03 AM
The majority of price hikes occur on Thursdays (http://www.thegasgame.com/analysis-of-past-price-hikes/)

Do you try to predict when gas prices will rise and fall, waiting for it to drop before refilling and taking the risk of running low just as the price rises even more? Have you noticed any patterns, or do you have any advice? Is there a winning strategy, or are your chances just as good if you fill up randomly? Is it necessary to watch the price of oil and the stocks and so forth in order to play the game?

I think about this a lot, but I don't have any advice to offer. To me it seems too irregular to predict. I want to just stop thinking about it completely and spend my mental energy on something else, but it's hard when you're a pizza delivery guy. I need to find a new job

My pizza delivery job just gave us a .15 raise on each delivery. It's now .90 a run. A new job? Where can you make that kind of money part-time?

ben from below
20 Jun 2007, 03:09 AM
Find out when the stations get refilled from the tankers. They charge you based on their expected cost of resupplying, so they may rises prices just prior to a refill. As far as is know, the individual stations don't know the gas prices until the last minute.

Wolf
20 Jun 2007, 01:42 PM
Find out when the stations get refilled from the tankers. They charge you based on their expected cost of resupplying, so they may rises prices just prior to a refill. As far as is know, the individual stations don't know the gas prices until the last minute.
Actually, they know them in advance and anticipate them, rising prices to ensure they can afford the next batch on the cash they made on the current one. That way the prices remain relatively stable, too, as they change them over time based on the change in price.

The go down after the price has dropped for a certain amount of time, too, but not as rapidly as they go up.