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Gas Prices spike after coming close to $3 per gallon

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Gas prices bounce back up, but it may be temporary
Gas prices bounce back up, but it may be temporary

UNDATED (WKZO) -- You could probably sense that gas prices this low were just too good to be true. A few stations in west Michigan were actually flirting with going under the $3 mark for the first time in years.

All it took was a bump in the wholesale price to increase prices by 30-cents yesterday afternoon at gas stations all over west Michigan.

Patrick DeHaan at Gas Buddy.com says its not the start of a trend, and he expects the prices will go back down again before the Holidays.

And the chances Santa will bring us gas for under $3. He says there are 35-states where there is at least one station selling below $3, but he doubts the national average will ever sink that low.

In the meantime, we will have to put up with this vicious cycle that Great Lakes motorists seem doomed to repeat over and over because there are just too few major retailers selling gas in the region, and DeHaan says they can manipulate prices..

 

 

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