GRAND RAPIDS, Mich. (WOOD) - 2013 could be "another ugly year at the pump," said GasBuddy analyst Patrick DeHaan Wednesday afternoon.
In a conversation with 24 Hour News 8, DeHaan said gas prices will start to go higher in February and March, peaking in April and May and again in August.
There will be price "volatility in the Great Lakes (region) in the spring," he said. But he looked at retail sales as an indicator. If people are willing to spend now, they'll spend down the road, regardless of the price.
But just like this month, when prices in Caledonia dipped below $3 per gallon, DeHaan said "prices will come back down at the end of next year."
In a conversation with 24 Hour News 8, DeHaan said gas prices will start to go higher in February and March, peaking in April and May and again in August.
There will be price "volatility in the Great Lakes (region) in the spring," he said. But he looked at retail sales as an indicator. If people are willing to spend now, they'll spend down the road, regardless of the price.
But just like this month, when prices in Caledonia dipped below $3 per gallon, DeHaan said "prices will come back down at the end of next year."
Watch the video for the complete report.
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