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Author Topic: GasBuddy Gas Spike warning emails Back to Topics
CGrover

Champion Author
Twin Cities

Posts:41,837
Points:3,786,590
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Message Posted: Apr 10, 2013 12:55:12 PM

Thank you for sending these emails warning me about a gas price increase.

My question, one of the stations you list as being a slow responder to increases, is usually at the spike price before it spikes. You say SA in Newport is the station to go to, as they are slow to follow the spike. I just received an email this morning. It states pre spike average is $3.49 and after spike average will be $3.59 + or - something. That SA in Newport is at $3.59 this morning, and that is the lowest they have been for several days. Can you update your information to give a useful station that might really be slow to raise?

Thank you.
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kwzh
Champion Author San Jose

Posts:23,411
Points:4,332,230
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Message Posted: Apr 30, 2013 11:52:14 PM

Agreed. Thanks for the follow-up.

I've seen the alerts, but not recently. I've never been in a position to evaluate how effective they are in my area.
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RichWLIN
Champion Author Indiana

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Message Posted: Apr 30, 2013 8:34:58 PM

Have to report that the gas price spike alert came in a timely manner this week!

Gas shot up $.40-.45 this week. The alert arrived in time for me to buy gas for three vehicles at $3.45 rather than $3.89 before hitting the road this week. I think we bought nearly 60 gallons and saved about $25 or so.

It wouldn't be fair to criticize when it doesn't work without acknowledging when it does.

RG
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RichWLIN
Champion Author Indiana

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Message Posted: Apr 20, 2013 6:42:15 AM

This feature isn't very useful in my area. Only twice this year did the alert precede the price increase; most often it comes well after local posters have already reported the price increases.

Ostensibly, GB has the historical data to determine which stations are slow to respond to gas spikes; however, some of this information may be just how quickly members report prices for given stations. In essence, the price may stay low at a certain station simply because no one has yet reported the increase. Stations that truely respond slowly have to have their lower prices reported during and after the increase in prices elsewhere.

RG
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CGrover
Champion Author Twin Cities

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Message Posted: Apr 17, 2013 1:17:30 PM

Thanks for the suggestion SUVFan. I was thinking mgmt read these topics, since they started the Category.
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SUVFan
Champion Author Columbus

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Message Posted: Apr 11, 2013 11:58:16 AM

CGrover, you might get a better response by posting your question on PD's whiteboard or sending a buddy invite and pursuing it via pm. I would guess that he either has a hand in the research or is at least aware of what underlies the warnings.

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CGrover
Champion Author Twin Cities

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Message Posted: Apr 11, 2013 10:01:41 AM

Thank for bringing up some options ziyulu. But, I have been driving by this SA for about 6 years, and nothing has changed. Newport, Cottage Grove, and St Paul Park are ALWAYS the slowest to lower their prices after a spike. And, again yesterday, none of the stations in my area had to adjust their prices for the spike, because they were already at the spike price, before the spike. But, across the river, 2 miles away, an SA in Inver Grove Heights was 2.43 before the spike. That would be a better station to suggest I try to get to before they spike. And, Woodbury, about 5 miles away, is also pretty quick to lower their prices after spiking, and are lower than the three towns I live in our around, about 94% of the time.
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kwzh
Champion Author San Jose

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Message Posted: Apr 11, 2013 5:10:46 AM

TxJeans: I believe the feature has only been rolled out in selected areas. (Perhaps the algorithm needs to be tuned to the local behavior?)
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TxJeans
Champion Author Tampa

Posts:7,592
Points:858,880
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Message Posted: Apr 10, 2013 8:43:00 PM

Curious - I am subscribed to the emails, but I have never seen one. Does anyone know what the parameters are to actually trigger one?
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ziyulu
Champion Author Austin

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Points:2,258,950
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Message Posted: Apr 10, 2013 4:55:33 PM

I guess the software goes by trends. Just because one station goes up before others a few times does not mean that is always the case. Also keep in mind that management of the store might change.
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