Not Logged In Log In   Sign Up   Points Leaders
Follow Us    8:54 PM

Message Forum - Read Message

Category: Suggest a GasBuddy improvement > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: How about the alerts change Back to Topics
2k3Mach

Rookie Author
Indiana

Posts:37
Points:78,000
Joined:Aug 2011
Message Posted: Feb 7, 2013 9:26:48 PM

To inform us the gas prices might go up to $3.59 BEFORE it's at $3.79? I am talking about the alert today received in my email for Lafayette, IN? Same thing happened a couple days ago stating it could go up to $3.39 while it was already at $3.59!
REPLIES (newest first) Post a Reply
Profile Pic
Byte_Doctor
Champion Author Akron

Posts:6,099
Points:1,174,315
Joined:Apr 2011
Message Posted: Feb 10, 2013 2:12:31 PM

The alerts I receive regularly arrive before the increase hits my area. Maybe I'm just lucky, but I've often been able to save a few $$ by heading out n my lunch break or immediately after work and catch the old price before the increase hits.
Profile Pic
RichWLIN
Champion Author Indiana

Posts:6,924
Points:1,095,355
Joined:Jun 2011
Message Posted: Feb 9, 2013 7:45:07 PM

The alerts that I get are most definitely not predictions or notices of "what we expect to happen". I have never received an alert on my phone that preceded a spike in gas prices. More typically, the alert comes hours later. These are clearly an announcement of what has already transpired with a heads up as to which stations in the area may react to the spike more slowly.

I wish it was a prediction, but the fact remains that when the message comes in, local members have already posted the higher prices; sometimes hours earlier. How else do you suppose that the alert always has the correct increase in pricing?

RG
Profile Pic
Gas_Buddy
Champion Author Maryland

Posts:29,230
Points:3,489,960
Joined:Aug 2004
Message Posted: Feb 9, 2013 1:19:35 PM


A problem, 2k3Mach, is that they're only alerts of what might happen; the information isn't something that Gas Buddy has been accurately told by the gas stations or fuel distributors as something that will happen at a certain time or date, and at what level of price change. All it is, like it or not, is a heads-up that "we expect to happen". And because Gas Buddy isn't privy to accurate future price changes, you have to expect that there will be changes BEFORE (your word) Gas Buddy knows of it, actions took place faster than expected.

Not sure how you can expect Gas Buddy to better know what will happen in such a volatile marketplace. Also, as not all Indiana gas prices were $3.39 and changed to $3.59, state-wide, it sounds like you're talking about selected stations. And price changes at selected stations are well beyond Gas Buddy's ability to predict.

Maybe the answer is to subscribe to more timely industry-related sites. That, however and unfortunately, is generally costly, in the same manner as having a stock broker looking for your specific interests. And, even in that case, the information isn't always accurate or as timely as investors might like.

Not disagreeing with you; just a point of view.

Profile Pic
kwzh
Champion Author San Jose

Posts:22,811
Points:4,133,530
Joined:Jul 2001
Message Posted: Feb 9, 2013 2:06:14 AM

Sniper6772 writes,
> Why even predict gas prices in the future?

So you can make an informed decision whether to fill up as soon as possible, vs waiting until your tank is nearly empty. If you don't think that's worth knowing about, you can choose not to subscribe to the alerts, I suppose.
Profile Pic
RichWLIN
Champion Author Indiana

Posts:6,924
Points:1,095,355
Joined:Jun 2011
Message Posted: Feb 8, 2013 11:03:19 AM

Around these parts the alerts don't seem to be a prediction at all, but rather an alarm letting you know that a price spike is underway and where to perhaps find stations that tend to react to price increases more slowly.

This may be useful if you happen to need or could use more gas that day, AND if you can reach one of the stations in time before they raise prices. However, the current price range ($3.59 - $3.79) is such that only folks with empty tanks would likely rush out and try to buy gas to avoid the $.20 mark up.
Profile Pic
Sniper6772
All-Star Author Waco

Posts:670
Points:433,260
Joined:Dec 2012
Message Posted: Feb 8, 2013 9:31:10 AM

Why even predict gas prices in the future??? We as consumers cannot do anything about it. We buy gas when we need it and have no way to stockpile cheaper gas beyond a tank full. With GasBuddy you can find the cheapest gas in your area and then plan your weekly errands to go by that station to fill up, and hope they have not jacked up the price before you get there.
Profile Pic
kwzh
Champion Author San Jose

Posts:22,811
Points:4,133,530
Joined:Jul 2001
Message Posted: Feb 8, 2013 6:47:49 AM

The alerts that I've seen here have been predictive -- I can't say that they actually preceded *any* increase, but the prices certainly continued to rise that week.
Profile Pic
RichWLIN
Champion Author Indiana

Posts:6,924
Points:1,095,355
Joined:Jun 2011
Message Posted: Feb 8, 2013 12:32:38 AM

The alerts are generally after the fact, hense useless if you needed gas today.
Post a reply Back to Topics