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

Updated: April 16, 2019 — 2:47 pm

7 Comments

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  1. lots of 2.55-2.65 prices in NW ohio rt 20 area, but still plenty places at 2.699 or above. All calm right now- scored a $2.529 last night – as in other area quite a spread of prices over a fairly small area

  2. Chicagoland’s scheduled hike arrived a day or two late: $3.15 ($3.25 in Cook County).

  3. South Bend IN – Speedway by ND went from $2.75 to $2.89 today. Niles MI also to 2.89.
    SBN avg $2.818. Costco $2.66.

  4. Same here Lou, a rare mini hike of 15 cents or so. We’ll see if some stations resist since it’s not the usual 30-50 cent jump

  5. Indy area as well jumping to $2.899.

  6. Enjoy the one week with just a “mini ” hike. They did that last week in Chicagoland – no idea why. But this week was back to business as usual.

  7. Well Big Reds’ mini price hike failed. After 24 hours they dropped back down to $2.73 lol

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