Comment on the April 17 prediction: Prices continued to decline, until we saw hikes popping up in the Midwest yesterday, including $4.09 in west Michigan. This was the predicted hike, but it happened a few days later than expected, so I’ve got to be honest and say I was WRONG.
Sunday, April 24, 2022, Noon: I am going to be clear that I wasn’t cheering the price hike this weekend, but it did settle my puzzlement at the clearance sale on gasoline we saw this past week. Looks like the retailers were losing more than 20 cents a gallon the late in the week, and on Thursday, I topped the tank at $3.59 north of Grand Rapids. Then I observed even lower prices in Lansing on Saturday morning. As I write this, many stations haven’t read the $4.09 memo yet (particularly in the Comstock Park area), so you’ll want to get that tank filled early this afternoon if you can. -EA