Price Hike Time

Comment on the November 1 prediction: Our last price hike was October 27, and prices have been falling slowly but surely since, with $2.39 in Lowell. The prediction was CORRECT.

Monday, November 16, 2009, 2:45pm: With Citgo and Rich out of business in Standale, that area of town has become the high-price leader. It has made it harder for me to monitor the situation. Today, for instance, with NYMEX prices higher, the 20-cent margin price is in the $2.70 to $2.75 range, and prices are $2.59 in Standale. Monitoring prices elsewhere in time either requires more driving by me or regular trip to GasBuddy, so I’m not as in tune with things as I have been in the past. If prices were below $2.50 in Standale, like they are elsewhere in town, I’d be predicting a price hike without a sweat. Instead, I have to take some more readings, and I will conclude that a price hike is on its way, maybe tomorrow already. $2.65? — Ed Aboufadel

Updated: November 16, 2009 — 3:48 pm

6 Comments

Add a Comment
  1. I agree with Ed on this. I think we could see a spike to $2.60-2.65 in Indiana, and five cents higher in Michigan.

  2. $0.25 over night on the east side of the state.

  3. Speedways up to $2.59/gal friday 11/27.

  4. Admiral stations in Greenville hung tough @ $2.40 thru the weekend.
    Patrick’s presence on thegasgame.com is missed. Updates now are very infrequent. Disappointing. 🙁

  5. Been stuck at $2.59 in Ohio for what feels like forever. Missing the updates too. 🙁

  6. Don’t worry guys, Ed and Bill are all over things. Wholesale prices have been pretty steady lately, and hikes (besides the weird hike to $2.59) have been posted about 🙂

    If you want to read more in the meantime, follow me at blog.gasbuddy.com!

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Your email address will not be published.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 1,759,347 bad guys.

 

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

TheGasGame.com (c) All Rights Reserved Frontier Theme