Comment on the May 11 prediction: Absolutely CORRECT, as we saw a “powerful” hike to $3.39 the next day.
Saturday, May 17, 2025, 1 PM: Other than an enticing but temporary dip the first half of March, wholesale gas prices have been hovering around $2 a gallon since the beginning of the year, despite oil prices falling more than 10%. Blame it on seasonality — the tendency of gas prices to go up from Christmas until Labor Day, and to fall the last four months of the year. Except for weird, local situations, any blasts from politicians about retail gas prices “at new lows” or “soaring” are a bunch of smoke out the tailpipe right now.
In Michigan, prices are averaging around $3.29 today, and there is no threat of a new price hike unless that average gets close to $3, like it did a week ago. I am predicting no hike for the next several days. Will they do a pre-Memorial Day weekend hike on Thursday, back to $3.39? Right now, a prediction would be a coin flip. -EA
Indy area hiking to $3.399 led by Speedway.
Fort Wayne as well. I should be perplexed, but then again…
South Bend IN – $3.39 spike yesterday. Costco $2.99.
Niles MI – WMT $3.12
South Bend IN – Speedway x2 by ND back down to $3.15 already. Costco $3.09.
Niles MI – WMT $3.29
South Bend IN – 1 Family Express now down to $3.15. ~2mi east another is still $3.39, it’s often higher longer than the other 2 F.Exp. in town. S side F.Exp $3.31. Costco $3.09.
Niles MI – WMT $3.13
Daleville Indiana $2.89 .
New competition from Wawa and Quik Trip has helped substantially. Nearby areas are much higher up to $3.39 from last price spike.
Lots of $2.79 around Fort Wayne presently. Going out on a limb here and saying $3.19 by midweek.