Deja Vu All Over Again — heading back to $3.09

Comment on the July 22 prediction: Kind of CORRECT, as prices rose, but they went all the way to $3.09.

Monday, August 6, 2018, 9PM: A snoozefest lately in the energy markets, but the numbers look almost the same as they did before the last Michigan hike on July 24. Estimated price to retailers is about $2.88, while retail prices are lower, sometimes in the $2.70’s. That strongly suggests we are going back to $3.09 again, either Tuesday or Wednesday. -EA

Updated: August 6, 2018 — 9:23 pm

12 Comments

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  1. The Michigan spike has begun… $3.09 is indeed the new price today, starting as always with Big Red

  2. 3.09 is the new 2.49…

  3. Guess it will take the upcoming switch to winter blend fuel to break this $3+ gas trend….at least I hope so. Mid day trading has spot back above $2.10 once again

  4. Never got the spike in Indy last week. I’m guessing we will get one Monday or Tuesday.

  5. Indy spiking to $2.999

  6. South Bend IN – Speedway by ND went from 2.59 this morning to $2.99 now.
    SBN avg was 2.75. Will fill up at Costco for $2.56.

  7. lots of stations NW Ohio rt 20 corridor down to 2.599-2.659 this morning- some down 10c overnight- time to spike it to 2.899 especially as spot is falling fast today

  8. and off we go in ohio 2.899

  9. Last week’s spike to $3.09 in SE MI has seen prices recede by .25 or more. Costco/Sam’s stayed at $2.73 the entire time.

  10. Speedway near me in Joliet IL has backed off from a $3.15 hike l;ast Wednesday to $2.51 today

  11. The GREEDway near me was at $2.669 for the past three weeks—spiked to $2.799 with the rest of the Toledo area yesterday.

  12. Now that same GREEDway is down to $2.569 this morning!

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