Comment on the April 20 prediction: If you stretch the definition of “this week” to include the following Sunday, April 27, and accept that the hike didn’t really kick in until Monday, then the prediction of a hike to $3.39 was CORRECT.
Wednesday, April 30, 2025, 9 AM: I watched wholesale gas prices tick up a week ago and thought that $3.29 or $3.39 was imminent. It was not, and instead, many stations found their way to $2.99 last week, so much so that it looked a bit like a system-wide reset. Then, on Sunday, after I ran in the Izzo 5K at MSU, I saw an Admiral near the MSU campus post $3.39, and a few other stations in the state followed suit (e.g., Marathons). Then, the next day (Monday), we got a “powerful” reset to $3.39, and I haven’t come across a station yet that did not comply.
$3.39 is the highest price for gas in Michigan since October.
This was also one of those hikes that seemed to trigger a drop in wholesale prices, starting with oil, which is back to $60 a barrel, like it was a few days after the tariff “Liberation Day”. That tells me to expect lower prices and shop around as we head toward the weekend. -EA
Nice price war in Daleville Indiana. $2.77 at new Quik Trip, Shell, Pilot, Speedway. New Wawa grand opening on the 15th.