Gas Predictor!

How much will gasoline cost tomorrow? Should you buy gas at today's price, or would you save money by holding off until tomorrow and paying a lower future gas price?

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Gas Price Prediction for the Weekend of May 19 - 20, 2012

Posted to the Web May 18, 2012, 6:30 PM EDT.

Change in Futures (Avg.): +0.007

Change in 2nd-Lowest Retail (Avg.): -0.007

Pressure (Avg.): -0.151

Trend for tomorrow: Steady

Trend for next 2-3 days: Down

Recommendation for tonight: Hold off and buy gas tomorrow.

Notes:

1. Average pressure is steady for tonight but moderately downward for the next 2 to 3 days. Locally, the pressure situation is much more complicated across the U.S. Most of the country has similar steady/down pressure with the downward component ranging from weak to strong (moderate in most places), but most of the Southeast and Southern Plains have downward pressure, ranging from weak to moderate. We really don't like having wishy-washy predictions like this, especially going into a weekend, but that's the best our prediction algorithm can do right now. The steady pressure means retail prices could go either up or down (or, more likely, stay the same), but we see signs that prices will actually move upward on the West Coast this weekend. There, you should probably fill up tonight, but for the rest of the U.S., it doesn't make much difference, but you will probably see slightly better prices by Sunday.
2. When average pressure is steady for tomorrow and downward for the next 2 to 3 days, our algorithm predicts a range of prices for the next business day which includes both increasing and decreasing prices. It also makes the general recommendation to buy gas tonight or not. While the best possible outcome is that the recommendation to buy or not to buy results in a net savings (or at least no loss), we will still claim a correct prediction even if gas prices move in the opposite direction, as long as they are within the predicted range. Our prediction is just not as definite as it is in most circumstances. While we do not normally publish a predicted price range for the average price among our 12-city prediction model, we do publish it whenever average pressure is steady. The average of second-lowest gas prices among our 12 cities tonight is $3.735. Our predicted price range for the weekend is 3.645 - 3.780. We will call this a successful prediction if the average price moves downward over the weekend (regardless of how much), or if it moves up as far as $3.780.

Check back after 6:30 PM EDT Monday, 5/21/2012, for our next National prediction, or subscribe to receive tomorrow's Local gas prices in your e-mail this evening!

Subscribers to our e-mail newsletter get the local predictions for their city at about 5:30 PM Eastern every business day. This gives you the advantage of having the predictions before everyone else, and in time to decide to buy gas tonight! Save a few cents per gallon each time you fill up.

Why Subscribe? Gas prices are just going up and up, so what's the big deal about a prediction? Prices are simply going up and there's nothing you can do about it, right? Not really! Once in a while, prices halt in their upward trend, and even move downward. That is your opportunity to save money on gas. If you know when prices are going to fall, you can make sure you have room in your tank to take advantage of it. Or if you know prices are going up tomorrow, you can fill up before they rise. And that's what GasPredictor.com is all about! Subscribe today, while you still can!

What About Diesel Fuel?

Did you come here looking for predictions of diesel fuel prices? We're working on it. Read about our plans for diesel fuel price predictions, and maybe give us some feedback on what you like or don't like about our plans.

100% Goat Friendly! No goats were sacrificed in producing these predictions of future gas prices.

Our National Gas Price Prediction is designed for the contiguous United States, and is generalized for all 48 states. Prices vary from region to region, but the direction of movement of prices is usually pretty consistent, within the limits of our algorithm. Check the Local Gas Prices for your area.

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