$3.75 is coming

Comment on the March 7 prediction:  It was CORRECT, as prices rose to $3.65 on March 10.  Prices then re-set to $3.65 again on March 18.

Tuesday, March 22, 9:30PM:  Sigh.  NYMEX and AXXIS indicate the wholesale price is now $3 a gallon — the highest this year.  This corresponds to a price hike to around $3.75.  Expect it Wednesday or Thursday. — Ed Aboufadel

Updated: March 22, 2011 — 8:20 pm


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  1. While Chicago no longer has a big discount, it looks like Michigan has one, a whopping 6.26¢ under Chicago at the moment. I expect this spike to reach $3.69, possibly even $3.65.

  2. It appears Speedway is returning to $3.659 this morning.

  3. (I mean in West Michigan above.)

    Also like last week, communities along the southern Michigan border went up a notch lower to $3.599.

    Just a point on how thin the margins on retail gasoline are, which results in continuous price changes, kerosene has been stable at $4.099 since the beginning of the year. Of course, the fact they sell so very little kerosene probably has a lot to do with it as well.

  4. I just wanted to comment, I’m over in Eastern, WA and we have seen in the last 3 weeks gas go from $3.21 for regular to $3.70. An outrageous climb and I am now sorry to say that super is currently $3.91. Looks like another summer of light driving for the Bradfield family.

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