Comment on the November 29 prediction: Hikes across the board after Thanksgiving weekend, to $2.09, so basically CORRECT.
Wednesday, December 9, 2020, 6PM: Just updated my spreadsheet: wholesale prices rising, gas prices falling, and we are back to where we were over the Thanksgiving weekend, with retailers looking at selling gas for at or below what they paid for it. That is a recipe for a hike, probably a classic Thursday one from Big Red. Back to $2.09-$2.15 it appears. -EA
Indy hiking to $2.099
South Bend IN – Spike to 2.09 here also. Avg was 1.94. Time to visit Costco for $1.78.
Niles MI also going to 2.09
Truly lowball hike to $2.159 yesterday in Chicagoland. A dime lower than 10 days ago.
2nd hike in 4 days, 4th in 3 weeks in Chicagoland. $2.29/2.39 this time
Up to $2.199 in Northwest Ohio today. 🙁
Two hikes in 5 days in East central Indiana. Went from $1.87 to $2.29.
Wonder if they’ll try to crank out another spike later in the week?
South Bend IN – Speedway went from $1.98 to $2.25 yesterday by ND. SBN avg now 2.16.
Niles MI – Speedway at 2.24
Up a solid .50 in just 5 days in NE IN. Locking in those last minute Christmas profits. Yachts and vacation homes are expensive for the outgoing Speedway execs. Gotta make up for the covid shutdowns early in the year.
Well another 7c rise in spot today 🙁
So much for prices falling as we head into winter…
I’m almost convinced we are set for another spike to start out the week…some of the stations here are down to a mere 16 or 17 cents over the spike line.
And bam! $2.35 early Monday morning surprise. Or not….
South Bend IN – Speedway went from $2.15 yesterday to $2.35 today. SBN avg 2.18. Costco 2.03.
Last few spikes: 12-10 Thu = $2.09, 12-15 Tu = $2.25 & 12-21 Mo = $2.35. So from $1.85 to $2.35 in 11 days.
Niles MI – No change in Niles yet. $2.04 @ Speedway. $2.01 at WMT.
Precision Gasoline Pricing (almost like Precision Scheduled Railroading)
$3 bucks a gallon by February??
$2.45/2.49 rolling out in Chicagoland. Merry Christmas.
$2.359 spike in Ohio.
Paid $1.939 last night (sigh).
$2.35 starting in NW Indy. Thorntons jumped to $2.15 from $1.95 in town but I expect them to jump again to meet Speedway.
Ya, from $1.75 to $2.35 in 11 days here too. 60 cents…that’s about a 33% jump.