Comment on the September 6 prediction: Prices did not rise until September 10, so the prediction was WRONG, or, to be kind, EARLY. Prices have drifted down since the 10th.
Saturday, September 22, 2012, 8:45PM: Gas prices peaked at $4.09 in Grand Rapids on September 10, and have fallen slowly but steadily since then. Oil has had its up-and-downs this month, and jumps in the wholesale price of gas at the end of this past week has put us into a price-hike zone. I calculate that gas stations are paying $3.96 a gallon this weekend, while prices are in the $3.80’s, so we should get a price reset on Monday or Tuesday. It shouldn’t be any worse than the $4.09 from two weeks ago. –Ed Aboufadel