Tuesday, February 28, 2012

Gas Prices Spiking in Detroit

As I drove down Woodward Avenue this morning on my way to work, I noticed I was a little low on gas.  I pass three gas stations on the way to my office in downtown Birmingham, and I saw an ugly sight.  Gas prices are very close to $4.00 per gallon, so I decided that my quarter tank was going to have to last at least one more day.  While I'm betting on the price going down, they will probably end up going up, and my gamble will end up costing me a few more dollars at the pump.
In fact, the price of gas has gone up 25 cents in the past week, and is expected to continue its rise over $4.00 per gallon in the near future. Although it seems high to us here in Michigan, we are still below the national average.. but only by $0.01 according to www.gasbuddy.com.





Gas rarely gets to be this high this early in the year, and as we all know in Michigan, gas prices peak in the summer months.  Hopefully we don't hit prices as high as we did in 2011, but with the price of oil steadily rising, who knows.

If you have any ideas on how to conserve gas, or how to maximize your mileage after filling up, please share!

3 comments:

  1. Hey, we're all in for a rough time! There's a lot of hype about what the president can or cannot do about the gas prices and I must say I have mixed feelings about any president telling oil companies what they MUST do; even though they're gauging us. This is capitalism after all.

    Do you think the rising gas prices are going to go down anytime soon and do you think they'll factor into the election?

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  2. Have you ever tried E85 Ethanol? I know I've heard in the news and read that it is safe to use, and it is obviously cheaper, but for some reason I'm still not convinced. Has anyone ever used it and had a good experience? I'm curious, since that would obviously be a relatively simple cost saver.

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  3. I think gas prices are going to be a major factor in this upcoming election!

    @Motown Man - My car takes E85, but I've never tried it... Does it get better mileage? or is it just cheaper?

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