Time to Open Up the Gas Game Again?

Comment on the May 10 prediction: No hike to $1.99 last week, as wholesale and retail prices remainded stable.

Tuesday, May 19, 2020, 8PM: April 20, oil at negative $35 a barrel. A month later, $32.50. Somebody made some money. Meanwhile, certain neighborhoods have started gas gaming again, others aren’t. So, we see some places where they take a penny off of prices each day or two, while a lot of stations in west Michigan have been stuck at $1.89 for more than a week. The last two days, wholesale prices are ticking up, so I am going to try again and predict a hike to $1.99 before Memorial Day weekend. -EA

Updated: May 19, 2020 — 7:33 pm

8 Comments

Add a Comment
  1. Based upon what I’m seeing in GasBuddy, I’m thinking a spike to $1.99 might be underway in mid-Michigan

  2. Looks some are doing the same in Grand Rapids $1.99

  3. $1.999 in Ohio. Unreal, almost doubled in two weeks.

  4. Indy area also spiking to $1.999

  5. South Bend IN also spiking to $1.99. SBN avg was $1.83. Costco $1.69.
    Niles MI also 1.99

  6. $2.35/2.39 showing up at a lot of Chicagoland stations.

  7. Gasbuddy indicates a significant rebound in gasoline demand since the low point at least nationally. Still no significant price cutting by Speedway after each recent new high was reached. I wonder if inside sales which make the money during normal times are still more depressed relative to gasoline sales.

  8. $2.099 in Ohio.

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Your email address will not be published.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