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Author Topic: Gas prices near $4, but don't expect summer gas spike Back to Topics
osu1

Sophomore Author
Ohio

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Message Posted: Jun 14, 2014 8:44:40 PM

Gas prices at the pump in the Midwest are more volatile than most regions, but this summer, don’t expect the already-high price in Michigan to go much higher, experts say.

However, a wild card could be the growing crisis in Iraq, which is pushing oil prices up even though the country’s oil supplies have not been affected.

“We saw what may have been a peak nationwide in the last week of April or first week of May,” said Gregg Laskoski, a senior petroleum analyst at GasBuddy.com, a website that tracks gas prices across the country.

“Michigan, like the rest of the Great Lakes region, has a totally different retail pricing environment.

Visit Lansing State Jounal for full article
REPLIES (newest first) Post a Reply
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lyanMI
Champion Author Detroit

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Message Posted: Jun 16, 2014 11:30:48 AM

ok
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Jeff4U
Champion Author Atlanta

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Message Posted: Jun 16, 2014 10:47:32 AM

And what does your magic ball say?
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car253
Champion Author Ohio

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Message Posted: Jun 16, 2014 9:14:42 AM

W.A.G.
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CheapDiesel
Champion Author Indianapolis

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Message Posted: Jun 15, 2014 8:39:38 PM

Considering the Oval Office occupant, volatility and uncertainty is guaranteed...the only question is how soon do we hit $5.
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lostsoul
Veteran Author Los Angeles

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Message Posted: Jun 15, 2014 4:01:57 PM

Not in California...always rises in the summer months!!
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streetdesign
Champion Author Illinois

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Message Posted: Jun 15, 2014 1:39:34 PM

Gas prices will likely go higher as long as the greedy speculators have their way.
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sciotosix
Champion Author Dayton

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Message Posted: Jun 15, 2014 11:23:59 AM

Unfortunately, there's a new "wild card" every week.
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Jeff4U
Champion Author Atlanta

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Message Posted: Jun 15, 2014 11:05:00 AM

We expect unreasonable prices, and that's what we get.
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humblepie
Champion Author Toledo

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Message Posted: Jun 15, 2014 10:04:41 AM

and milk will go back down to $1 a gallon I suppose ?
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ObieDog
Champion Author Maryland

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Message Posted: Jun 15, 2014 9:46:56 AM

Stop it.
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dandvicb
Champion Author Bridgeport

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Message Posted: Jun 15, 2014 9:10:22 AM

SPECULATORS & WALL STREET GREED!!
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Norm10
Champion Author British Columbia

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Message Posted: Jun 15, 2014 9:08:08 AM

Gas is over $6.00 a US gallon around here!

[Edited by: Norm10 at 6/15/2014 9:08:53 AM EST]
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grandmacbc
Champion Author Buffalo

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Message Posted: Jun 15, 2014 9:04:01 AM

and the excuse that was given us awhile back is because we were at the end of the supply delivery chain - now does that make sense??? must be a lot of end of chains?
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Toonces2013
All-Star Author Illinois

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Message Posted: Jun 15, 2014 8:37:28 AM

Another analyst on GB who is also a speculator on the side. Whodathunk?
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LilRedWagonIN
Champion Author Indiana

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Message Posted: Jun 15, 2014 7:58:52 AM

And this, after reading two articles on GasBuddy immediately preceding this, that Iraqi events are causing prices to skyrocket.
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Nancy&Len
Champion Author Cleveland

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Message Posted: Jun 15, 2014 7:55:22 AM

What a bunch of BS!
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FPLREP
Champion Author Virginia

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Message Posted: Jun 15, 2014 7:49:25 AM

Unless you have "insider" news from the Iraqi people, don't bet on it going away soon. Obama will not make a decision anytime soon, except for his vacation plans.
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ClarkSC
Champion Author South Carolina

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Message Posted: Jun 15, 2014 7:35:46 AM

Who are you kidding.
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brbaritone
Champion Author Virginia

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Message Posted: Jun 15, 2014 7:31:57 AM

All it takes is a hurricane, or a refinery outage, or a pipeline rupture, or a promising jobs report, or ...
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dave27johnson
Champion Author Chicago

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Message Posted: Jun 15, 2014 7:16:03 AM

Iraq is the problem for prices.
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Straitliner
Champion Author Illinois

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Message Posted: Jun 15, 2014 7:14:41 AM

It wouldn't surprise me if it hit 4.50 before summers over. You wont see 3.25 or lower that's for sure.
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SUNOIL
Champion Author Toledo

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Message Posted: Jun 15, 2014 7:13:50 AM

Spike is here and it will probably break the $4 mark.
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jfknaples
All-Star Author Florida

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Message Posted: Jun 15, 2014 7:13:05 AM

And who's Kool Aide are they drinking. If the Middle East can create this kind of a problem just wait until a Hurricane forms in the Gulf of Mexico. God I love those speculators!
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VMIJim
Champion Author Alabama

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Message Posted: Jun 15, 2014 6:48:03 AM

Same old crap, different day when it comes to price increase excuses from speculator vultures. Meanwhile, the roller coaster ride of fuel prices under Oblamer continues amid all his lies, coverups, scandals, failed economic & foreign policies, abuses of power, gross incompetence, & major campaign contributions from Big Oil/Utilities. Working class taxpayers continue to be screwed at the pump, with our utilities, & with our taxes while Oblamer pushes his tree hugging, stimulus sucking, union dominated, out of control spending, ultra liberal agenda at our expense. Stop this madness in Nov 14 & start taking our country back before it's too late!
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EvergreenON
Champion Author Ontario

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Message Posted: Jun 15, 2014 6:36:41 AM

Do not dream prices will continue to increase, speculators are free to do it their way.
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BIGOILEATURCRUD
Champion Author North Carolina

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Message Posted: Jun 15, 2014 6:30:42 AM

We’re cautiously optimistic
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moenkopi23
Champion Author Chicago

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Message Posted: Jun 15, 2014 5:22:38 AM

Call it what you want, $4.49 IS a spike in my book.
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gmaonthego
All-Star Author Michigan

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Message Posted: Jun 15, 2014 4:58:37 AM

I do plan on prices going up!!!!!!! Why should I believe anything different??????
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werich44
Champion Author California

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Message Posted: Jun 15, 2014 4:40:12 AM

Prediction #22 for the week.
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iFueler
Champion Author Durham

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Message Posted: Jun 15, 2014 3:47:52 AM


     we will see
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JohnofGB
Champion Author Flint

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Message Posted: Jun 15, 2014 3:06:04 AM

Yeah, right , uhuh, sure,...........trust me.......... bovine feces.
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BluWahoo
Champion Author Pensacola

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Message Posted: Jun 15, 2014 1:45:41 AM

33 - 35 more cents and it will be $4.00 here
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tbelstone
Champion Author Jacksonville

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Message Posted: Jun 15, 2014 1:33:12 AM

ok
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SBlouch
Champion Author San Antonio

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Message Posted: Jun 15, 2014 1:17:13 AM

So much for the January forecast saying gas prices would be lower this year.
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jetskijerry
Champion Author North Carolina

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Message Posted: Jun 15, 2014 12:56:11 AM

no reason to be so high
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jetskijerry
Champion Author North Carolina

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Message Posted: Jun 15, 2014 12:55:58 AM

crooks
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alterman156
Champion Author New York

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Message Posted: Jun 15, 2014 12:55:32 AM

Hopefully the price of gasoline won't surpass $4 per gallon this summer.
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amerk73
Champion Author Dallas

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Message Posted: Jun 15, 2014 12:55:30 AM

here $3.33
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el_fr
Champion Author Massachusetts

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Message Posted: Jun 15, 2014 12:52:21 AM

Ha!
Went out about 10 cents here overnight
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Sneakers55
Champion Author Houston

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Message Posted: Jun 15, 2014 12:35:03 AM

On Jun 14, 2014 10:06:27 PM, KCNY wrote:

>USA is not in the business of drilling oil and refining it.

If they were, they would show all the efficiency of the Post Office or the VA. The price would probably have to go up to the $8 a gallon Senator Obummer said he wanted before he got elected Resident of the White House.
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mwg6275
Champion Author Miami

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Message Posted: Jun 15, 2014 12:33:41 AM

I thought it was going to go up on Friday just because they had the excuse. They haven't raised it yet here.
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andy1024
Champion Author Allentown

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Message Posted: Jun 15, 2014 12:28:19 AM

It may not behave like a spike, but it just keeps going up.
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MikeCapeCoral
Champion Author Cape Coral

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Message Posted: Jun 15, 2014 12:28:15 AM

It's all a game. Hang on for the ride.
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Winatgas
Champion Author Kentucky

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Message Posted: Jun 15, 2014 12:20:49 AM

Every time I read an article like this, I have to laugh. The results have always gone the other way.
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OHMS
Champion Author Orange County

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Message Posted: Jun 15, 2014 12:09:28 AM

is land sing a prison publication?
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danny999
Champion Author Florida

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Message Posted: Jun 15, 2014 12:06:53 AM

The frog is cooked.
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drz614
Champion Author Harrisburg

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Message Posted: Jun 15, 2014 12:06:09 AM

horse crp
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Wanda127
Champion Author Florida

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Message Posted: Jun 15, 2014 12:03:11 AM

The Spike hit us already!
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Yooperheart
Champion Author Michigan

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Message Posted: Jun 15, 2014 12:01:40 AM

That's a load.
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wt32
Veteran Author Illinois

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Message Posted: Jun 14, 2014 11:58:27 PM

It's already spiked
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