Comment on the July 10 prediction: 3/4 CORRECT, 1/4 WRONG again. There was a price hike on Thursday to $3.59 here in Michigan, with a higher price than predicted. But, there was no price hike on Lake Michigan Drive (more on that below), and no price hike as far as I can tell in Fort Wayne, Indiana, which I also monitor. But if you filled up Thursday morning, you probably got a deal.
Sunday, July 15, 2012, 7:45PM: On Thursday, a brand new Speedway opened up on Lake Michigan Drive, replacing the old Speedway on the same site. This was the same day as the $3.59 hike, and I can imagine the manager of Speedway wanted some extra business that first day, so they matched the $3.33 of the Family Fare across the street, rather than use the price sent in from Big Red Headquarters. So, now that we have six gas stations along that corridor (BP, Family Fare, Speedway, Citgo, Marathon, and Meijer) — the most that I can ever remember — it will be fun to see if we get some gas war dynamics like the good people of Kentwood and Wyoming enjoy along 44th street. As I post this, the LMD Speedway has the lowest price in Grand Rapids: $3.31 a gallon, beating $3.38 in Kentwood. Game on!