Nashau, NH (PressExposure) March 26, 2009 -- GasPredictor.com, a Web site providing short-term forecasts of changes in retail gasoline prices, has announced that. effective immediately, it will begin posting its predictions on its Web site first thing in the morning instead of last thing at night. This means that, in order to know tomorrow's retail gas prices, you will have to subscribe to the e-mail Gas Predictor Newsletter. The information on the Web site will only predict the afternoon's retail gasoline prices.
Gas price predictions are available for five cities in the U.S., and for the United States as a whole. Predictions for Atlanta, Chicago, Houston, Nashua (NH), and Raleigh provide specific forecasts of the price range for retail gasoline in each city one day in advance. The nationwide forecast, which applies only to the 48 contiguous states, tells what direction gas prices will change, but not by how much.
The publication schedule for the Gas Predictor Newsletter will not be affected by the new scheduling policy. Newsletters will still be sent to subscribers at about 4:30 PM local time each business day.
Previously, GasPredictor.com posted its predictions on its Web site between 9:00 and 10:00 PM Eastern time each business day. After today, these predictions will not be available on the Web site until the next morning.
The main reason for the change in schedule is to provide greater value to paying subscribers. Since the gas price predictions will not be available to the public until the morning, subscribers will have that information in hand more than 20 hours before anyone else each day. Previously, subscribers had the predictions only four or five hours before anyone else. That few hours of advance knowledge was the only benefit to subscribing. Now, it is more likely that nobody but the paid subscribers will know the forecast in time to take advantage of it: By the time the forecast is published on the Web site, gas prices have begun to change already.
Describing the decision process leading to this change, Chuck Bonner, the lead analyst for GasPredictor.com, told us, "We considered simply keeping the predictions off the Web entirely, providing them only to e-mail subscribers, but decided against it. We want to blow our horn - we want people to see how accurate our predictions are - and the Web is the best way to do that. But, publishing the forecasts too early was probably watering down the value of the e-mail subscriptions."
GasPredictor.com does indeed have a remarkable record for accuracy. Since they began publishing their forecasts in November, 2008, they have been wrong just once, and just in one city - on February 25, 2009, in Atlanta, GA.
Bonner provides another reason for the change in the Web schedule. "Posting the forecasts on the Web at nine or ten at night was cutting into my beauty sleep!"
The company plans to continue expanding the number of cities covered by their daily predictions. They expect to be publishing gas price predictions for twelve cities in the U.S. before the year is out.
Annual and quarterly subscriptions to the Weekly and Daily Gas Predictor email newsletter are available exclusively through the Web site.