Comment on the June 15 prediction: “Top my tank” on Sunday evening was CORRECT, however …
Saturday, June 21, 2025, 3 PM: Summer is officially here, but let’s talk about that hike the past Monday to $3.39. As noted previously, the uptick in wholesale oil and gas prices two weeks ago did not spark a hike. Then, despite the leap in oil prices a week ago due to the Israel-Iran conflict, wholesale gas prices in the Midwest barely reacted. The Monday hike did not set a new high for 2025, and in Michigan, it took time to spread. Today, you can find gas for $3.19 if you know where to look.
Your curious Gas Game writer wonders why. A clue may be in the latest report on gasoline stations’ sales, which have been dropping each month in 2025 while average gas prices have risen a bit. Maybe demand is sliding (at least in the Midwest), which is keeping retail prices tame.
As I write this update, they are saying on the news that the U.S. is moving some B-2 bombers closer to the conflict, so who knows what the markets will look like on Monday. Play it safe, find gas near $3.19, and fill your tank. -EA
Not only the B-2s, the F22s are going, too. They have not had an engagement in combat yet, although they are more than capable.
After a 7cdrop in wholesale last evening, time to raise prices back to the $3.69-3.79 hike of two weeks ago in Chicagoland – no thanks Speedway.
Yep love those crazy price cycles with plunging spot prices. Indy area spiking to $3.399 led by big red of course.
South Bend IN – also to $3.39. Costo $2.91