We Can Hope For A Quiet Spring in Terms of Gas Prices

Comment on the February 26 prediction:  It was absolutely CORRECT, as prices rose the next day to $3.75.  I’ve missed the past two prices hikes, though (3/5 and 3/12).

Sunday, March 16, 2004, 3:30PM:  Let’s step back and look at the past several months.  Retail gas prices have gone from $3.79 at the end of August to $3.03 (in Standale) at the beginning of December, and now in mid-March, we are back to $3.79.  This has been pretty typical price behavior for the autumn and winter, although the weekly jumps since the beginning of February have been a bit harsh.  What’s next?  In 2012 and 2013, prices topped out in March and then stayed stable for a few months, and in the past two weeks, wholesale gas (and oil) prices have calmed.  So, let’s hope we’ll stay below $4 a gallon at least until the summer.  But let’s not call that a prediction. — Ed A.

Updated: March 16, 2014 — 3:33 pm

1 Comment

Add a Comment
  1. Fort Wayne has dipped below the average for Indiana. That is usually a very good sign that a spike is on the way. Topped off two cars for $3.49

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Your email address will not be published.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 1,754,928 bad guys.


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

TheGasGame.com (c) All Rights Reserved Frontier Theme