GasPredictor.com, a Web site providing short-term forecasts of changes in retail gasoline prices, has announced several changes in its e-mail Gas Predictor Newsletter. Effective immediately, the weekly version of the newsletter will be discontinued, there will be a new, lower regular subscription price for the continuing daily version, and for the month of April only, the daily Gas Predictor Newsletter will be available at a substantially lower promotional price. All of these changes are the result of a retrospective analysis that the company did on the occasion of their 100th successful gas price prediction.
For the month of April only, the Daily Gas Predictor Newsletter will be available for the same price that formerly applied to the Weekly Gas Predictor Newsletter. A full year's subscription is now only $3.99, and a three-month trial subscription is only $1.39.
On May 1, the new regular prices will go into effect. A one-year subscription will be $4.59, and a three-month subscription will cost $1.89.
Notwithstanding the new lower prices, the real big change in the Gas Predictor Newsletter is that there will no longer be a weekly edition published on Fridays. Instead, the Daily Gas Predictor will be published every business day, including Fridays.
Current subscribers will automatically be upgraded from Weekly to Daily subscriptions at no charge.
Previously, subscribers could choose between the daily edition and the weekly edition, which cost about half as much as the daily edition.
The main impetus for this change is the analysis the company did on the occasion of their 100th successful gas price prediction on April 2. This analysis revealed that it was just about impossible for subscribers to realize any benefit from the weekly prediction alone. As Chuck Bonner, lead analyst for GasPredictor.com explains, "It's not enough to know whether you should buy gas on the weekend or not.
If we told you not to buy gas on Friday, your immediate obvious question is, 'Okay, when should I buy gas?' We didn't have an answer for you until next Friday!" Elaborating on the analysis, Bonner continued, "As we ran simulated cases of hypothetical subscribers following our advice to buy gas or not to buy gas for the past 100 business days, we realized that someone who only had this information on Friday afternoons was really no better off than someone who did not have our forecasts at all." The team is confident that these changes will result in real savings for the subscriber. As Bonner declares, "With the daily edition, and especially at the new low prices, a subscriber will be able to recoup many times the cost of the subscription in savings at the gas pump."
So the company decided to eliminate its weekly edition and concentrate on the daily edition.
This change then precipitated other changes. The team considered two changes to be obvious. First, all current subscribers to the weekly editions had to be upgraded to the daily editions at no charge. Second, the limits on the number of subscribers to any given local edition had to be combined. The previous policy had been to issue no more than 1,200 weekly subscriptions and no more than 800 daily subscriptions in any one locality. These limits are now combined, so that there will be no more than 2,000 daily subscriptions in any one locality.
The Gas Predictor Newsletter is available in a National Edition and in five local editions. The National Edition predicts only general movements of retail gasoline prices, either up or down, one day in advance, for the 48 contiguous United States. The local editions, available for Atlanta, Chicago, Houston, Nashua (NH), and Raleigh, predict a specific range of retail gasoline prices one day in advance. The company plans to begin publishing forecasts for additional cities over the next several months.
GasPredictor.com has an enviable record. Since November, 2008, their predictions have been correct 100% of the time with the exception of one day in Atlanta.
Annual and quarterly subscriptions to the Weekly and Daily Gas Predictor email newsletter are available exclusively through the Web site.
About GasPredictor.com
GasPredictor.com publishes predictions of retail gas prices one day in advance via e-mail to subscribers, and several hours in advance on its Web site. Visit our Web site for gas-saving tips and delayed daily forecasts of this afternoon's pump prices, or to get the forecast of tomorrow's gas price before you go home from work.
