The late summer tornado of price hikes is on!
… another price hike is on its way. Look for retail prices in the $2.72-$2.82 range Tuesday or Wednesday.
… another price hike is on its way. Look for retail prices in the $2.72-$2.82 range Tuesday or Wednesday.
Looking at the numbers, the averages here in the Speedway states are low compared to
Using my formula, a price re-set would be in the range of $2.59-$2.64.
I hate times like this. I am 50-50 on whether we get a spike tomorrow.
The numbers suggest (with Indiana at -3 cents margin and Michigan holding on at 1.8
We are at the point where rising wholesale prices are colliding with dropping retail prices, which means a price hike is on its way. I predict a re-set to $2.49 a gallon, except for the handful of gas stations still at that price.