Day: May 18, 2011

Was my gas price prediction right?

On April 11th, I made an easy 1-month prediction for where gas prices would be. I said:

Today, April 11, 2011
National: 3.78
Fresno: 4.09

May 4:
National: 4.04
Fresno: 4.45

May 15:
National: 3.99
Fresno: 4.39

How correct was I?

According to Gasbuddy.com
May 4 was
National: 3.955
Fresno: 4.22

So my national guess was pretty damn close (5 cents off), but my “california premium” was too high.

For May 15, I forecast that gas prices would go DOWN. Controversial, considering memorial day approaches. I predicted a massive 17 cent drop in Fresno and only a 5 cent drop nationally.

How close was I? Click to read more!