Heading Towards Thanksgiving 2024, Choose Your Own Adventure

Comment on the November 10 prediction: Absolutely CORRECT, as prices rose to $3.29 the next day throughout Michigan.

Sunday, November 17, 2024, 4 PM: It feels like choose-your-own-adventure for the next two weeks, given that wholesale prices have barely changed since last Sunday, and the Thanksgiving holiday is coming up. The hike last Monday defines our current ceiling of $3.29, while the floor is somewhere in the $2.60’s. What we saw last week is that after everyone embraced $3.29, a combination of competition and inconsistent demand encouraged some stations to find their way below $3 in a hurry. For this week, I can imagine a replay of November 11 and we head back to $3.29, or a gas price war down to the $2.60’s, or both. And a wild card is this weirdness this month by the Federal Reserve.

It is hard to play the Gas Game at the moment and make a prediction. If it helps, I filled up this morning for $2.99 in Kent County. I hope to get gas again for under $3 next weekend before the holiday. -EA

Updated: November 17, 2024 — 3:41 pm

3 Comments

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  1. $3.29 in parts of NW Indiana led by Family Express.

  2. Prices in the Lansing area are dropping below $3. GasBuddy is even showing some $2.79 prices.

  3. 2.79 at the Okemos Speedway
    Gas up to run the car /truck/generator for the late afternoon MSU tailgate. Forecast to be windy and a little crisp for the HUGE (lol)Purdue vs MSU Friday prime time match up. If you don’t like it tonights conditions, check out the forecast for next Sat Rutgers at MSU.

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