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17 comments Thursday 13 Nov 2008 | Posted By Patrick | Commentary

That’s right- the State is thinking of raising gasoline taxes now that the price of gasoline has come down. With gasoline under $2, the State is exploring options to raise gas taxes. And to think- "In five years… you’ll be blown away"… with what, new taxes? Thanks Jennifer!
<– GIVE US YOUR OPINION IN OUR POLL!
From the Associated Press: (News Story HERE)

LANSING — Gov. [...]

5 comments Thursday 14 Aug 2008 | Posted By Patrick | Predictions

Just a quick note: diesel consumers can now find diesel fuel for $3.99/gal in Burns Harbor, Indiana. After nearing $5/gallon, I’m sure consumers of the fuel are a breathing a sigh of relief. This should greatly help trucking companies, especially the smaller operations.
Gas prices in the Grand Rapids area should remain steady around $3.80s-$3.90s for [...]

1 comment Sunday 10 Aug 2008 | Posted By Patrick | Predictions

I think you’ll agree with me on this one- Diesel consumers have LONG awaited the price drops that gasoline has seen. Since gasoline has dropped mid-July, diesel HAS followed its drop on the wholesale market, BUT for some reason, those price drops really never made it to large chain retailers. Even as I write this, [...]

2 comments Friday 11 Jul 2008 | Posted By Patrick | Commentary

Oil is $146 a barrel today.
Want to know why U.S. supplies are OVER 50 million barrels below where they were last year? Want to know why oil prices keep rising? The two are directly connected, and its going to keep getting worse unless the dollar strengthens.
As I said, today oil hit $146- a new record. [...]

0 comments Wednesday 04 Jun 2008 | Posted By Patrick | Predictions

It’s been a while since I wrote here folks, but it seems prices have been “somewhat” steady around our region, and quite steady (what a surprise!!) in Grand Rapids.
If you read my previous post about the Summer Forecast, you’ll have a better idea where this post fits in the big picture.
Of course my writing was [...]

3 comments Tuesday 27 May 2008 | Posted By Patrick | Predictions

The long awaited 2008 Summer Driving season is now upon us, after a mostly gloomy and cool Memorial Day weekend here in Mid-Michigan. With gasoline prices approaching and surpassing $4, many are asking what’s in store for this Summer… what can I expect, when should I vacation?
This post may be one of my longer posts. [...]