On Air Now

Current Show

Free Talk Live   9:00 PM - 12:00 AM

Call Free Talk Live now at 1-855-450-FREE

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
66° Feels Like: 66°
Wind: WSW 9 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Isolated Thunderstorms 52°

Tomorrow

Isolated Thunderstorms 79°

Fri Night

Isolated Thunderstorms 60°

Alerts

Weak Dollar, Fire Drive Up Gas Prices

by
Pumping Gas
Pumping Gas

KALAMAZOO (WKZO) -- Gas prices have spiked from about $2.80 a gallon when motorists drove to work Wednesday, to $2.95 at many stations Thursday morning.

Patrick DeHaan with GasBuddy.com blames it on the money manipulators and the falling price of the dollar.

"We'd seen an increase in wholesale prices earlier this week that was tied to the weaker dollar and concerns about the Federal Reserve and what their actions might mean for gas prices," DeHaan said.

He believes prices could go up even further yet this week, for a completely different reason.

'There was a small refinery fire at a facility in Lamont, Illinois, and with those refineries in Detroit and Toledo already undergoing maintenance, that fire has pressured up wholesale prices just in the midwest," DeHaan said. 

He believes $3 per gallon prices are possible in the coming days.

Comments