Comment on the October 28 prediction: A perfectly CORRECT prediction, as prices rose the next day to $3.45.
Monday, November 11, 2013, 6:30PM: It has been a lovely run the past few weeks, and while I hoped we would see $2.999 in Grand Rapids this week, the latest numbers suggest otherwise. With jumps in wholesale prices the past few days, I’m calculating a cost to retailers of about $3.08 a gallon. The cheapest gas in the Grand Rapids area is even less, at $3.05 in Sparta, and that’s our trigger for a price hike. I’m expecting a jump tomorrow or Wednesday, back to the neighborhood of $3.45. –Ed Aboufadel