Harvey, Irma, Joel, Katia, and now Lower

Comment on the August 31 prediction: The hike didn’t kick in until after Labor Day, but it was $2.79! 25% CORRECT?

Wednesday, September 13, 2017, 8:30PM: I’ve been waiting for markets to settle down post-hurricanes for this latest post. As horrific the damage from Harvey and Irma, it could have been worse, and our gasoline infrastructure appears intact. So, wholesale prices have been working their way lower, and at some point soon, retail prices should follow. In the Grand Rapids area, look around for under $2.50, which you will find in Wyoming, and I think we could possibly see $2.29 somewhere by Monday morning. -EA

Updated: September 13, 2017 — 8:19 pm

6 Comments

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  1. Patrick DeHaan says in this article that prices may drop another 7 to 15 cents by the end of the week.

    http://www.freep.com/story/money/business/michigan/2017/09/18/michigan-gas-prices-drop-tank/676718001/

  2. in NW ohio RT 20 corridor its typically 2.25-2.35 as of Monday afternoon..so that puts many places close to the spike line again. If spots reverses the 5c jump on Friday should be ok currently.. a few cents higher will probably be a reset to 2.50+ per gallon..just as we start to switch to winter blend….

  3. Grand Rapids Gad Buddy showing the big red up arrow just now.

  4. Spot up 8 cents so far today due to “tightening supplies ” Filling up now

  5. So the arrow was red and pointing up several times when I checked today. Now it’s showing green and down – weird.

  6. wow..major jump..just paid 15c below spike.. friday spike coming..2559 in Ohio not out of question so would be back to highest price of the year in parts of Ohio

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