Comment on Monday’s prediction: Yup, prices rose to $2.49. CORRECT!
Wednesday, March 18, 2015, 6:30PM: I can’t believe this is the third time in a week that I need to post an update. It seems to be a hot mess at the BP refinery in Whiting, which is a key source of distilled gasoline in the Midwest, and Chicago-based wholesale prices have gone insane. Last Thursday it was $1.49 a gallon. Right now, $1.85. I’m pretty sure we are looking at another price hike on Thursday, to the neighborhood of $2.69 in Michigan. Vernal equinox bleah!!! –Ed A.