Costco Knows That Wholesale Prices Are Down

Comment on the September 26 prediction: Surprisingly CORRECT, as prices rose in Michigan to $3.79 on Thursday.

Sunday, October 1, 2023, 5:00 PM: The hike to $3.79 in Michigan made sense last Sunday, and it made a lot less sense on Thursday, since wholesale prices were dropping all week. Here’s a clue — in stations I watch in Fort Wayne, Indiana, they jumped to $3.79 before last weekend, and at the moment: $3.64. Easy prediction that we’ll see similar action this week in west Michigan. Costco knows … they are $3.36 on 28th Street.

Why did we get the hike on Thursday? Is someone at Big Red and friends reading this blog? -EA

Updated: October 1, 2023 — 4:35 pm

5 Comments

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  1. Many Speedways for the first time in weeks are taking the lead in lowering prices in northeast IL. Looking at the last wholesale post, I smell a possible hike soon,

  2. I should have waited to see the latest wholesale, which dropped 17c last evening. Never my previous mention of a hike.

  3. Insanity. Spot at barely $2, and we’re still paying $3.43 for regular unleaded in sw Ohio

  4. Inflated margins. Pipeline, Terminal, Distributor, Retailer and the Government?
    Definitely harder to find cheaper fuel. Use to spot a few below cost stations regúlarly on road trips with the aid of GasBuddy.

  5. $3.59 jump in NW Indiana led by Family Express!

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