Sunday, January 10, 2021, 3PM: Happy New Year from The Gas Game! Or, is it? Last week, we saw oil prices surge to their highest in nearly a year, to over $52 a barrel. Gas prices will follow, and typically we see gas prices rise from December until May. There was already a healthy hike in Indiana on Thursday, to $2.35. Michigan and Ohio are next, either Monday or Tuesday. $2.39? Higher? -EA
Marathon/admirals attempting $2.39 in GR
Speedway’s are going along with it most at $2.39 in Grand Rapids
$2.49/2.59 in Chicagoland
$2.459 in SW Ohio this morning.
$2.399 Indy area spike thanks to Greedway
Toledo area spiked to $2.399 on the 14th as well, although it didn’t take hold like last week’s bump did—the GREEDways are back around $2.299.
I’m sure with the anti-oil administration taking office next week, we’ll start seeing $3+/gal. regularly throughout the Midwest, and $4+ on both coasts. Careful what you wish for….
The upward march continues. $2.55/2.65 in Chicagoland