Wholesale gasoline prices this morning were down in the Midwest as concerns eased about Hurricane Ike's impact on supplies for most of the country.
Wholesale prices along the Gulf Coast are still up but elsewhere in the country they appeared to be dropping. Wholesale gas that is mixed with ethanol, which is widely used in the Midwest, was down about 25 cents per gallon as the market shook off the hurricane concerns. Prices were up sharply Friday because of concerns about supplies..
"What has changed is any sense of panic," said Lewis Adam, president of Admo Energy, a Kansas City firm that helps businesses manage their energy costs.
Read the full story at kansascity.com.