Gas, Oil on the up and up (and up, and up…)

Chicago Spot: $2.03 UP 0.0079
Fair price adjustment: 0.7914
Michigan Fair Price: 2.6792
Michigan Average selling price 2.5970
Margin over cost + profit: -0.0822

The dam has gotta break sometime. Gas usually falls at least 2 cents on non-spike days, but over the weekend it didn’t budge, or only went down a couple cents, depending on where you live. The average in Michigan is only .3¢ cheaper than the Thursday spike price. Stagnation like that shows stations are feeling the pinch. The fair price is 8 cents above the current average, too.

Expect a spike tomorrow. Most of Indiana will see 2.65-2.70, while Michigan will be 4-6 cents higher, and NW Indiana will be 5-10 cents higher.

2 Comments

Add a Comment
  1. Bill: I agree with you, so I am not going to bother with a similar post!

  2. It did today about noon. $2.69

Leave a Reply

Your email address will not be published. Required fields are marked *

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 1,754,533 bad guys.

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TheGasGame.com (c) All Rights Reserved Frontier Theme