Month: April 2019

Easter Candy Today; Fill Up Tomorrow

Sunday, April 20, 2019, 8AM: They gave us a break this Easter weekend, but we have the 0-margin price in the neighborhood of $2.75, and retail prices continue to drop. You can find gas below $2.60 in several areas of west Michigan. Expect a price hike on Monday or Tuesday, back to $2.95 or $2.99.

Meanwhile, if you are wondering how information about gas prices is shared to retailers, follow this link to PricePro.  -EA

Gas Prices Back Off of $3

Tuesday, April 16, 2019, 3PM: Retail gas prices topped out at $2.99 last Thursday, as oil closed in on $65 a barrel. Since then, the markets have calmed down a bit, and some places in west Michigan didn’t embrace to move to $3 gas. As of this afternoon, gas is $2.54 in Comstock Park, but there are many places in the $2.90’s, too. By my calculations, the 0-cent margin price is about $2.70, which means that if enough stations were near that price today, a hike prediction would most likely come true. Instead, with the wide range of prices, I won’t make a prediction today, but I’ll head up to Alpine to fill up soon. -EA

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