Comment on the December 4 prediction: We did get a hike on Friday, December 9, so CORRECT
Saturday, December 17, 2016, 11:00AM: We have scattered reports of local hikes in the Midwest the past two days, but none yet in Grand Rapids or the stations I monitor in Fort Wayne. However, wholesale prices spiked on Friday, and ethanol has been out of control for a week. So, if you haven’t seen a hike in your neighborhood yet, you will by the end of the day on Monday.
Looking ahead, this may be my last post for 2016. Here in Michigan, I’ll have to retool my calculations for the big gas price hike on January 1 (as noted in the comment section of the last post by Diether Haenicke). So, prediction: prices will rise on Sunday, January 1 in Michigan! And as I wrote last time, I’m expecting a lot more volatility in 2017, which should make playing The Gas Game more of a challenge.
Thank you readers and posters for being with us in 2016! — Ed Aboufadel