Comment on the August 25 prediction: Despite an alert last Tuesday that prices were rising to $3.59 in Michigan, I did not see anything of the sort on the west side of Michigan, so I am going to score the prediction as CORRECT.
Monday, September 2, 2024, 4 PM: Well, this is nice, driving around west Michigan and seeing prices getting closer and closer to $2.99. We are in the sweet spot at the moment with (1) the annual “end-of-summer clearance sale” on the summer gas blend, (2) oil prices down 10% in the past two weeks, and (3) the federal government taking a hard, public look at algorithmic collusion in another industry. How will this week play out? That’s a tougher call, as margins for the retailers are getting closer to the point where they often reset prices. But, my early September predictions of price hikes usually don’t pan out. (For example, last year the first hike in September was on the 28th and we were dealing with similar conditions today.) So, I am going to stick with no prediction today and invite drivers to enjoy lower prices while they can. Maybe we’ll see some $2.99’s in Kent County! I know you can find them today in Grand Haven. -EA
I was in South Central Ky this past week. I saw prices as low as $2.59 at some locations. I was able to use some Kroger fuel points to get 35 gallons at $1.69. The price was $2.79, I had 1100+ points and the pump took off $1.10. I had never seen that happen before as $1 is typically the max. I’m not sure if there was a bug at the pump or what happened. That was my 3rd $1 discount used for the month of August. I’m not sure if that would have triggered something in their calculation logic.
Price spike in Fort Wayne…up to $3.49 at the Lassus stations. Be a .50 jump for some of them from $2.99.
Saw Speedway and McClure up to $3.49 yesterday in Daleville Indiana. GasBuddy not showing many followers going up but GasBuddy postings are not nearly what they were before GasBuddy changed thier website.
Seeing $3.399 at many Indy area Speedway stations on the app, and Family Express at $3.499.
GetGo/BP stations also jumping on $3.399 price in Indy area, FE matching at $3.399
Oil at lowest levels in a year. NY gasoline futures at December 2021 levels. Local prices up… Sure wish GasBuddy wasn’t becoming so worthless.
Rufus…
One more step. Looks like they found oregongasprices.com and fixed it to the new format. Any thing else left?
Local tv station in Indianapolis WRTV.com has gas price map that is old GasBuddy format. Not sure how often it’s updated but helps.
Paid $2.799 today, in Butler county, Ohio (before discounts).