In total agreement with Ed.
4 comments Tuesday, 08-18-09 | Posted By Bill Eby | Predictions
Sorry we haven’t posted on here for so long. It’s for a good reason, though… we haven’t had to. If prices aren’t going up, I usually won’t put a prediction here. But I do still update “Fair Price” threads on GasBuddy.com sites in Indy, Indiana, and Michigan daily. I might start posting something similar on the Gas Game’s Facebook page.
We are in grave danger of a spike, and soon. Michigan’s average is almost 2 cents above the break even point. Indiana is almost 9 cents above. We don’t usually see spikes on Wednesdays, but there is a possibility of one tomorrow. If it doesn’t come, and the bottom doesn’t fall out of the market, it will come on Thursday. I’m a little iffy on a price prediction, but $2.60-$2.75 seems about right in Indiana and Michigan. Since Michigan is paying a premium of 7 cents over Indiana right now, they will be on the high side of that. NW Indiana should see a 10 cent premium over Indiana’s price.
$2.28 Reg & Mid. Fill up now at the Admiral stations by Plainwell Michigan on US-131 and M-89 between Kalamazoo and Grand Rapids.
You bet its going up! Futures went up yesterday and again today. Throw in Labor Day and maybe a hurricane and here we go again.
Sure enough; headed that way. Lansing was $2.40 yesterday (8/19) afternoon and this morning (8/20), it’s up to $2.48.
Lucky… 2.57-2.67 in Grayling/Roscommon
Actually one station went from 2.67 to 2.62 Sunday night and was still there this afternoon