Comment on the April 13 prediction: Completely WRONG, as they jacked up prices to $3.29 in Michigan on the 15th, and at least in west Michigan, that hike was embraced by pretty much all of the retailers.
Sunday, April 20, 2025, 8 AM: It was disappointing to see the price hike on Tax Day last week, and we aren’t reaping the short-term benefits of tariff-anxiety-inspired drops in oil prices. Really, gas should be below $3 right now. From the 15th to the 19th, though, some of the retailers agreed, such as the Meijer in Cascade, which jumped to $3.29 on Tuesday but was back to $2.99 by Friday.
I am starting to think about some sort of rating system for price hikes. There are the “powerful” hikes that all the stations embrace as soon as possible and prices hold at that level for several days; the “shallow” hikes that are embraced broadly but some retailers back off after a few days; and then there are the “lame” hikes that one or two brands try to start while the rest of the retailers ignore.
I am going to work on this rating system more, just for fun, but it looks like last week’s hike was a “shallow” one. Looking into this week, if anything, there was a bit of an uptick on oil prices since Tuesday, so they may want a “powerful” reset to $3.29 this week. Or even $3.39. -EA
$3.59/$3.69 in Northeast Illinois today from Speedway. This is more aggressive than other recent hikes.
Filled at $2.79 yesterday minus the speedway 5¢ off in Frankfort Indiana. That was the best Easter egg I found.
$3.199 in Indy area today led by Speedway
Seeing spikes of about $.30 around NE Indiana/Fort Wayne today. Definitely not in line with what we are being told is happening, but pretty spot on with Ed’s prediction. I know this is about oil and gasoline, but has anyone noticed the freefall in the natural gas market the last 10 days? Down 25%. There are a few tie-ins between the 2, but I do wonder if that will lead to any further reductions in oil production going forward. I did see that the active rig count in Louisiana and the Gulf has also spiraled downward, albeit over a several month period.
I would bet that it is all due to supply issues related to the switch to Summer Blend.
South Bend IN – No spike here. Lots of $2.99 on East side. Lots of $2.87 on West side. Costco $2.76.
Just a few stuck at $3.19.
Niles MI – WMT $2.91
Got a new Quik Trip and almost open new Wawa in Daleville Indiana. Hoping for some vicious price wars.
$3.39/gal today west Michigan
South Bend IN – Only Family Express up today here so far to $3.29. Yesterday 1 was $2.99, now $3.29. Another $3.19 to $3.29. Most stations at $2.99. Costco $2.76.
Niles MI – WMT $2.86. Speedway $2.89.
In LaPorte County west of SBN Family Express is at $3.39.
South Bend IN – Now the 3 Family Express up another .10 to $3.39. Doesn’t look like anybody else has gone up today.
$3.399 in Indy area today led by Speedway