First, an answer to the question I asked in the poll recently. The majority was right, as currently Michigan (9.4) and Indiana (8.9) are above 7.5 cents, while Ohio is at 6.5. Now, the next question. Is being in a Speedway state a good thing? You do get roller coaster rides of prices, with big [...]
Archive for the Tag 'Ohio'
Recently there was an article and news story on WCPO in Cincinnati about Speedway. In it they said a lot of things TheGasGame readers would already know, plus something I found interesting at first, and one outright falsehood. They come right out of the gate letting us know Speedway’s secret: Real estate. “We wanted to [...]
Chicago Spot: $2.11 UP 0.0616 Fair price adjustment: 0.7948 Fair Price: 2.7662 Average selling price 2.7150 Margin over cost + profit: -0.0512 We are in dangerous territory. The commodities market is up yet again, this time on a weak dollar. Fair price is at break even, which can mean a spike is close at hand. [...]
Recently I came upon an article that stated Speedway was ranked the number one gas brand for the fifth quarter in a row. It is a part of a multi-brand survey put out by Harris Interactive as the EquiTrend Brand Survey. In the survey they ask people about different brands in different categories like favorite [...]
With almost 24 cents between average selling price and a fair price based on the Chicago spot price, gas has nowhere to go but down right now. If you don’t have to fill up, hold off until prices do go down. Right now $2.50s aren’t out of the question, and are already being seen in [...]
Yesterday the Chicago spot bounded up to $2.12, sparking the belief in me that Speedway should spike up in all states it was in. Today the Chicago spot dropped back down to $2.07. This puts us in a very tricky area. Michigan is well above the spike threshold, about 4 cents. Indiana on the other [...]