To all the new people here, I’m Bill, and I update The Spike Line that you can find under features in the menu above. It’s been good at predicting price spikes in Indiana, Michigan, and Ohio for quite a while. What I am seeing now is Indianapolis with a 12 cent negative margin, Michigan and Ohio are not. That usually means a spike is on the horizon. But Indiana has been in the negative much of the week, so it’s hard to tell what will happen.
Last month I lost weekly rack prices from Convenience Store Decisions. It gave rack prices for Chicago, Indianapolis, Cleveland and Detroit. I used the differences to calculate how Indiana, Michigan and Ohio should look, and it worked well as a predictor. This could be why I’m off, and I hope to figure out an alternative, soon.
That said, a spike should happen soon, and a rare weekend spike is a possibility. -BE