Prices in the Cedar Springs area averaged $4.15, before dropping down to $4.08 or $4.09 Tuesday. In 2008, they hit $4.25.
According to Senior Petroleum Analyst Patrick DeHaan, of Gas Buddy.com, such spikes are usually seen in April. “We’re 31 cents per gallon
ahead of our year ago pace (as of Monday), and I’m seriously contemplating revising my January forecasts upward having seen things race higher, faster than expected. If there’s any ounce of good news for motorists, its that such high prices so quickly may mean prices will peak in April rather than May,” DeHaan said.
Some experts have suggested we might see $5 per gallon. Is the high price of gas causing you to cut down on your driving? What are you doing to save gas? Email us at email@example.com or comment on this story on our website at cedarspringspost.com.