Gas Price going up.

January 31st, 2012 at 7:30 pm by under Bill's Blog, Weather

   Here’s the latest from Ed:  “With market prices surging forward, Indiana, Michigan and Ohio are looking ripe for a spike. Last time the Spike Line was this high, prices surged to near $3.70. We may not see the spike until Thursday, the most spiked day in the history of The Gas Game. But be aware it could happen tomorrow.”  Looks like we’ll be $4 or more come spring when they revamp for the summer blends.  You can go to gasbuddy to see the trend in gas prices from one month to six years.  The good news is that the warm weather has lowered our heating bills this winter.

58 Responses to “Gas Price going up.”

  1. Tom Merkel says:

    Is Ed a Math Professor at GVSU?

  2. Brad (Lawrence) says:

    Thanks Bill, we always appreciate your warnings on the gas price spikes. This info helped us last time as we filled both of our vehicles just before it happened.

  3. Lisa (Caledonia) says:

    Yikes.

  4. INDY says:

    I AM GLAD THE STATE DON’T HAVE GAS STAMPS FOR PEOPLE THAT DONT WORK!!! EVERYBODY FILL UP AND ENJOY SUMMER GAS WILL CLOSE TO $5 A GAL….INDYYY

  5. kevin. w says:

    if its going to be a hot summer watch for early 90s and 100s in texas the next month, which is very likely as I see it. Just looked at the wholesale market and its way up so I see a good jump in fuel prices especially as Ed says that were getting closer to the change from winter to summer blends. That sucks!

  6. Red in Allegan in Co. says:

    How frustrating. Come spring when I’m ready to get the Camaro out gas skyrockets.

  7. scott (west olive) says:

    Yippe now a fly will land on the pipeline and raise it more. I think they raise it if a seagull craps on the oil platform. Lol

    1. JoAnne says:

      Lets keep on deregulating. Whooo, profits profits profits. Got to love democracy flushed down the toilet by money.

      1. Bill Steffen says:

        Yeah, and your solution is to force “skyrocketing” gas (and utility) prices on the lower and middle class. Unnecessary regulartion forces up prices and that hurts the poor and middle class and those on fixed income the most. I’m just glad you far-left regressives aren’t in charge of our energy.

        1. JoAnne says:

          STUPID SOLUTION? More name calling and LIES. Keep up the good work Bill. Maybe you should go back to being a caddy. Weather and politics are definitely not your strong suit.

        2. JoAnne says:

          Wow, nothing to say out of Bill! It’s a miracle.

        3. Bill Steffen says:

          Here’s something interesting: HADCrut data says Alaska is two degrees cooler than 2004 and one degree cooler than the 1880s: http://www.real-science.com/wp-content/uploads/2012/02/ScreenHunter_16-Feb.-05-09.36.gif They sure have had a brutally cold winter there this year….and now in Europe and Japan! http://www.china.org.cn/world/2012-02/05/content_24556171.htm Hundreds dead And you want to spend billions to try and make it colder??

        4. JoAnne says:

          Nobody wants to make anything colder liar. Some people just want the corporations to clean up their filth. Our health is more important than your checking account balance Bill.

        5. Bill Steffen says:

          Sure…you want to take CO2 out of the atmosphere and you know that’ll make the Earth colder. Clean up the filth? Here’s a good place to start: http://www.jsonline.com/blogs/news/117340918.html http://althouse.blogspot.com/2011/02/how-much-respect-did-demonstrators-show.html

  8. I hope the spike happens Friday instead, or else I’m not gonna be in good shape… My truck is just barely above E with the Low Fuel light on. I can’t get gas until Thursday. I can’t afford to put more than about $40 in, and that will be pushing it for what I have to do this week. Hope I don’t end up stranded on the road somewhere.

    1. Skot says:

      Funny…last I saw oil was 98 $ a Barrel today. Yes earl is a commodity but is someone hording other than OPEC and DUBAI?

      1. RUSS IN GR says:

        I think it’s the hedge funds.

  9. GHW says:

    It’s what happens when the government prints so much money with no backing and no way to pay it back.

  10. TomKap (Michigan St. & Fuller) Grand Rapids says:

    I read an article last November somewhere (legit) that Michigan residents can expect $5 gas this summer….guaranteed.
    Guess they were right.

    1. D in GH says:

      Problem is, that prediction has been made yearly during the past few years, and it hasn’t come close to happening yet. We’ll see.

  11. Mark (in Okemos) says:

    And the State govt want to raise taxes on gas? Good luck on that re-election.

  12. Yup (Grandville) says:

    What a crock of #$^%. No matter how low a barrel of gas becomes, the prices are artificially inflated. And guess what, the American people are buying WAY less gas now a days. So much for sticking it to the man.

  13. Travis (Oxford, MI) says:

    Gas prices are exactly where they were a year ago… not bad if you ask me. Especially when you consider that the price of crude oil has risen over this time period.

    1. Yup (Grandville) says:

      Not quite. The gas in 2010 was much cheaper to buy, in the $2.80 range. You can’t compare a single month to one from a year ago, it has to be at least over a year average.

      Retail price chart for gas sales:
      http://gasbuddy.com/gb_retail_price_chart.aspx

      History of crude prices:
      http://www.ioga.com/Special/crudeoil_Hist.htm

      There are a lot of factors that come to play here, inflation, etc. But the bottom line is, gas will keep getting more and more expensive.

      1. Travis (Oxford, MI) says:

        Go to Grand Rapids prices. We were at these same exact gas prices in February 2011. Yet crude was only $81 back then and almost $100 today.

        1. Yup (Grandville) says:

          I see what you are saying, but you are missing the larger picture.

        2. Travis (Oxford, MI) says:

          Not sure what you’re getting at, but I find it comforting we’ve seen a 25% increase in oil and yet retail gas prices are basically flat.

          The big picture of gas prices is that they have an extremely high correlation to US economic health and the US stock market… just like most inelastic goods. The economy is improving today versus where we were last summer/fall, so gas prices are on their way back up.

        3. Yup (Grandville) says:

          My point is, simply comparing a weeks time frame (as an example) from a year ago misses the bigger picture. Gas may be cheaper per gallon compared to the price of crude for now, but these lower prices won’t last if crude stays this high.

  14. INDY says:

    Gee people would say it’s all becouse of Bush high gas prices!! Noooo never here the name obama??? INDYYY

  15. Snowsearch says:

    According to Grandrapidsgasbuddy.com our average is still 20 cents more than last year at this time. And that doesn’t count this next increase?

  16. JoAnne says:

    Refined gasoline is now the #1 export of the United States. That’s right, number one!!!!!!! Now the republican congress is pushing for the Keystone pipeline from Canada to push more crude to cancer ally. This is on top of spikes in fuel, lies of low stockpiles and record profits of oil companies. Under republican control, many laws were reversed so that deregulation took place of refining. We all hear that Democrats want larger government and Republicans want smaller government. This is just another talking point from the righties to make you think that Big Brother is tooooo big. On top of that, extremists on the right would dismantle the EPA for profits. How could anyone not see the money trail here? Just a large smoke screen for deregulation of big business. Now we are paying for it at the pump. Remember that the summer blend is coming soon, which comes along with a spike in prices. I sure don’t remember a drop in prices to a winter blend! Weird huh?

    1. David(Ashley) says:

      You should join the rest of the left and ride your solar powered bike off a cliff.

    2. Bill Steffen says:

      Sure…let’s stop refining gasoline! Profits are NOT evil! Profits pay my salary. I’m glad WOOD-TV makes a profit! Taxes come from profits…that’s how you and your ilk made this bloated, behemoth Federal government that pays for Cowboy Poetry Festivals, Bed Sheet Police and snow cone machines for Homeland Security! And the Congress is only half Republican now – the Democrats had the House, a 60-vote majority in the Senate and the Presidency for two years. Did things get better? http://www.americanthinker.com/2011/01/report_card_on_obamas_first_tw.html

      From USA today: “The volume of fuel exports is rising. The U.S. is using less fuel because of a weak economy.” If the people running this country knew how to fix the “weak economy” maybe we could get more people back to work.

    3. Yup (Grandville) says:

      I would like to see your sources please.

      1. JoAnne says:

        Not sure what you are looking for Yup, but here is a link talking about exports of the US.
        http://www.usatoday.com/money/industries/energy/story/2011-12-31/united-states-export/52298812/1
        You can do your own homework and easily find out about anything that I talked about. Just ask Bill, he will tell you the opposite so you know that I’m right!!!

        1. Bill Steffen says:

          There is not a shortage of gasoline in the U.S. You can find it on practically every corner. Some countries have oil, but not the capacity to refine it into gasoline. By doing that, we create thousands of jobs, many of them union jobs. It’s not like the refining wouldn’t be done if we forced everyone in the refinery business into unemployment. The oil would be refined elsewhere and we’ve have tens of thousands of people out of work. The Keystone pipeline will bring oil from Canada. Right now we are importing oil from some countries that are not friendly to us and that supply is in jeopardy of being cut off. The choice is to continue to use imported oil from our enemies or to create tens of thousands of jobs by bringing more oil from our neighbor, Canada and less from countries that might wish us harm.

        2. JoAnne says:

          Really Bill? You dare to talk of loosing jobs. Let’s look at the past few presidents and see who is gaining and who is loosing jobs in energy and manufacturing. Information is from the bureau of Labor and Statistics.

          Barack Obama: Increase of 157,368 manufacturing jobs per year in office
          George W. Bush: Decrease of 434,143 manufacturing jobs per year in office
          Bill Clinton: Increase of 37,143 manufacturing jobs per year in office
          George H.W. Bush: Decrease of 336,000 manufacturing jobs per year in office
          Ronald Reagan: Increase of 1,429 manufacturing jobs per year in office
          Jimmy Carter: Increase of 15,333 manufacturing jobs per year in office

          So by this measure, manufacturing jobs have actually increased by more under Obama than under any of his recent predecessors.

          Combined, energy extraction jobs have increased in absolute numbers since Obama took office and have risen quite rapidly over the past two years. Meanwhile, manufacturing jobs are down over the course of Obama’s presidency, but they are up during the past two years at the fastest pace in two decades. You can hardly say that Democrats’ policies will hurt jobs.

        3. Bill Steffen says:

          Those are bogus numbers and you know it. Do you REALLY think that Jimmy Carter created 11 times the number of manufacturing jobs as Ronald Reagan? I’ve got a bridge for sale in Brooklyn! They’re counting the jobs “saved” under the auto bailouts for Obama. Do you know that the Volt may be costing $100,000 PER VEHICLE (http://www.nationalreview.com/planet-gore/286429/volt-cost-taxpayer-250000-car-henry-payne – I refigured the numbers to take into account future numbers and plant benefits) if you count all the subsidies (to GM, to the battery suppliers, the $7,500 per can rebate from the government and the fact that government is buying directly or indirectly 20% of the Volts that have been sold)? Oh, and did you see the average Volt buyer has a family income of over 200K. Instead of Occupy Grand Rapids, maybe they should Occupy Volt Owners! LOL! Go here: http://data.bls.gov/pdq/SurveyOutputServlet You can input the years 1976 to 2012 and see the unemployment ups and downs. Look what Reagan did…coming into office in 1981 with his policies taking effect in 1982.

        4. JoAnne says:

          My numbers some from the Bureau of Labor and Statistics. Look it up if you don’t believe me. You can’t handle the truth.
          BTW, I did show that Reagan had an increase per year didn’t I? Something you would have hidden if you were on the other side of things.
          I’m starting to see you as a comedian rather than a weatherman. A just fit for your actions.

        5. Bill Steffen says:

          That’s absolute nonsense. Unemployment skyrocketed under Carter. One of Reagan’s most effect ads featured an laid-off manufacturing worker who said “If the Democrats are do good for the working man, how come so many of us aren’t working!” Go to this link: http://data.bls.gov/pdq/SurveyOutputServlet You can input the years 1976 to 2012 and see the unemployment ups and downs. Look what Reagan did…coming into office in 1981 with his policies taking effect in 1982. See for yourself.

    4. JoAnne says:

      Bill, you obviously have no clue on the bi-products of refining crude. It’s too bad when pig headed righties put corporate profits ahead of US citizen’s health and well being. Maybe we should deregulate everything so corporations can run it all. They already run your extreme Republican party. Not a big leap is it Bill?

      1. Bill Steffen says:

        Blah – blah – blah Forget JoAnne’s rant – take a look at this: http://www.drroyspencer.com/wp-content/uploads/UAH_LT_1979_thru_January_2012.png The temperature of the entire Earth was COLDER THAN AVERAGE in January! This is the NASA Infrared satellite measurements. Look at the trend! Down, down, down since last August. Also this week, the UK Met Office says global temperature have remained steady for 15 years: http://www.dailymail.co.uk/sciencetech/article-2093264/Forget-global-warming–Cycle-25-need-worry-NASA-scientists-right-Thames-freezing-again.html

        And Europe’s deadly cold spell to continue: http://www.bbc.co.uk/news/world-europe-16848877

      2. JoAnne says:

        You wouldn’t be saying Blah Blah Blah if you or your loved ones lived near one of these pollution factories. Luckily for you Bill, you are not in the lower socioeconomic classes that seem to end up near these refineries.
        http://www.silentspring.org/news/press_releases/oil-refinery-toxics-found-air-nearby-homes

        1. Bill Steffen says:

          The air and water are in general, much cleaner in the U.S. than they were 50 years ago. When I was a kid, I saw the brown haze that sat over Chicago/Gary in the summer. Which President created the EPA? Eh? My loved ones would be a lot worse off if we didn’t have reliable energy. My solar panels are cranking out heat right now, but most of the time they are not running (night, our cloudy winters). Natural gas is clean and reliable and I’m happy to have that as my primary heat source.

  17. Me says:

    This is stupid.How can we make a living if we have to keep higher gas prices.This sucks.

    1. Joanne says:

      Ask Bill, he thinks profits are good for our economy. Excessive or not.

      1. Bill Steffen says:

        It’s not your job to decide what profits are “excessive”. It’s excessive when Solyndra gets half a BILLION of our tax dollars, pays out large bonuses to the brass and then goes bankrupt. The government lets the investors keep the money, the leftist investors lose nothing and the taxpayers get stiffed for over 500 million.

        1. JoAnne says:

          Your right Bill, it’s not my job. However, you do get paid for this, so it’s easy to see that you are on the books for Big Business and the Republican extremest campaign. How could anyone trust you? Believing you is like believing a politician. You’re not credible. Sorry, but it’s the truth. Everything that you say has an agenda and we see it.

        2. Bill Steffen says:

          I get paid to bring viewers to WOOD-TV, WXSP and WOTV4 and to bring readers to http://www.woodtv.com. Thanks, JoAnne – every time you clink on my blog, you increase my hit count, which I hope to get over 4 million hits this year (getting a storm or two in here would help). While you’re here, click on a banner ad! The posts I have aren’t political. In this post I’m helping blog readers save a few cents with a heads up that gas prices are going up. I wish I could do that for more commodities/products. I think that have a vibrant private sector is necessary to have a vibrant public sector. When the government runs everything, life is very hard (think N. Korea). Those countries become repressive because they are fighting the freedom instinct that is natural to human beings. They control thru repression and the more controlling the government, the more freedom is lost and repression is necessary to “control the people”.

        3. JoAnne says:

          Good one Bill, N. Korea is no different than the right wing extremists that are infiltrating our government. Nothing but disruption and greed. Keep up the comedy routine.

        4. Bill Steffen says:

          Freedom! Respect for the First Amendment! (telling Catholics they have too pay for abortions?) This guys got a different take: http://dusanotes.hubpages.com/hub/How-Obama-Greed-Has-Hi-Jacked-The-Democratic-Party and another: http://shazz01109.hubpages.com/hub/Why-I-Left-the-Democrat-Party

  18. TomKap (Michigan St. & Fuller) Grand Rapids says:

    We’ll see what happens tomorrow, but oddly enough, prices went ‘down’ 3 cents today.

  19. JoAnne says:

    Bill,
    Do you have a problem with Romney’s company Bain Capitol, which received $12 million on its $8 million initial investment and at least $4.5 million in consulting fees for a public bailout. Those profits are probably ok huh? That’s 150% of investment bailout followed by a 56% profit in consulting fees. That’s better than winning the lotto. No wonder that Mitt is so rich. hypocrite lately Bill?

  20. Bill Steffen says:

    You’re being very selective. Today, Bain manages 66 billion dollars of assets and it was managing 3.5 billion in assets in 1990, so you’re picking out a tiny part of their overall business when you are talking about an 8 million dollar investment. Some of their investments worked better than others. I’ll bet your pension or retirement fund has stocks or investments have have had better returns than others, some a 50% gain (not 150%) and some with a net loss. If a teacher has stock in a pension fund that goes up 25% this year because the company did well, should we take that money away from the teacher?

    By any measure, Bain has been a big net jobs producer. They provided the capital (through many people buying their mutual funds) for Tom Sternberg to create Staples. They turned around the Sports Authority. Sometimes they took over a company with bloated and overpaid management (CEOs) and either brought their salaries down or let them go to bring in fresh, lower paid executive management to save the company.

    Why are you against everyone who is rich? Do you want to take the millions away from Michael Moore, or Jeff Immelt, or Derek Jeter or Greg Jennings. No one forces you to watch the New York Yankees or the Green Bay Packers or to attend their games (though they are trying to force you to buy the light bulbs and appliances that GE makes). Romney has an excellent track record of creating success out of failure. Look at the Salt Lake City Olympics – he did a phenomenal job of taking a losing venture and in the end turning a profit. Our country’s debt is increasing by 1.7 trillion a year. With 144 million people working, we’re headed toward bankruptcy at a frightening rate. Confiscating another 5% from those who make over 200K wouldn’t delay the inevitable by more than a couple months – and the politicians would spend it on stupid projects anyway (snow cone machines for Montcalm County? Really?). We have to address entitlements and defined benefits.

    1. JoAnne says:

      Bill, you can’t have it both ways. Tax dollars are tax dollars. You slam anything that has to do with president Obama and hail anything that has to do with a republican such as Mitt. Hypocrite is the term if you forgot.
      You can try to paint me as jealous of the rich if you want. It doesn’t help your cause. If I was actually jealous of the rich, I would be jealous of myself. You can’t understand how stupid you look to someone on my end of the computer. I can afford more taxes and I don’t need someone like you lying to try to persuade the public different.

      1. Bill Steffen says:

        If you think you should pay more tax, then PAY MORE TAX. The IRS will certainly accept extra money. Maybe with your contribution they could make the Cowboy Poetry Festival a biannual event. Maybe instead of 6 snow cone machines, Homeland Security could buy 10 snow come machines for Montcalm Co. That’d for sure keep the Taliban out of Montcalm Co.!!

        1. Joanne says:

          More nonsense out of our comedian weatherman

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