Not anymore. For whatever reason, wholesale spiked 30 cents overnight. If you look at the weekly graph at oilprice.com, it shows these weird temporary 1 hour 30 cent spikes in the dead of night, but they always come down before sunrise. But if you look at the monthly graph, it shows gas as having been around 2.60 for over 2 weeks. This time it went up 30 cents, and is sticking there. NE Ohio is poised to go up 35 cents this weekend. Nothing in the news that would explain the spike. Note the retail average usually is almost exactly a buck higher than wholesale.
So TOP OFF while you can, folks. The ride may get rather bumpy for awhile.
Refuelled at Costco today. $3.629/gallon.
The Lummi 76 station was $3.659/gallon.
I forgot to check the Arco station at my exit, but it would have been more than either of those.
Filled up a few days ago. $1.79 with “loyalty” card. (Capped at $1 off.) Later went by a station advertising a price $1 over the base price of where I went. So $2 more than what I paid. I don’t want to go to there.
OTOH there was this lady who got 7000 gallons for free. The trick? A software update goof that meant that swiping a “loyalty” card twice put the pump in demo mode. No charge.
Yeah, wholesale gas went up close to 20 cents this past week, and several states are already cycling back up, so top off before Monday morning, gang. Ohio hasn’t done so, yet, but they will.
Looks like the entire country is price-gouging before the holiday weekend, national average is up 4 cents today despite wholesale dropping 8 cents. SO FILL UP before your local stations all follow suit.
[note because of a bug/feature in Gasbuddy’s software, such increases are not always obvious until the late evening…]
On Monday, my father-in-law was on his way home and noticed a Circle-K station at $2.87, but decided to go home first and get the empty gas cans he uses for the lawn mower. He then ate lunch and filleted the fish he had caught, put the cans in his truck and headed to the gas station, so say two hours had passed. The gas price had jumped up to $3.35! He thought about just letting the grass grow This was in the Corpus Christi area.
Around me (close to Houston) most stations are around $2.89- $2.95, but a few are now up to $3.11.
Fill up NOW if you can; oil up 2 1/2 bucks today as wholesale also edges above 2.40. Ohio is going to go up 30 cents this week, and other Midwest states will likely follow suit, and given that during a decline you can find tons of bargains, my personal effective increase will actually be 60 cents.
The other pisser is that it is now increasingly hard to find stations which sell premium for less than +80 cents over regular, and the vast majority are now over a buck higher, in some cases a LOT higher. The last stations which were +60 here stopped doing so last fall, and Sunoco’s really suck in that sense because Gasbuddy’s volunteers always report the 91 octane, not the 93’s, so I am constantly driving up to find 93 20-40 cents above the reported 91’s.
I don’t know what’s going on locally (SE Louisiana, close to major refineries) … but since your June 10th post above, gas locally has dropped about $0.15-$0.20 at almost all stations.
It will do that here and there, of course. I just checked the entire state, and it’s been down no more than 2 cents since my initial June post. In New Orleans specifically it has been a rough 7 cent decline, but up a cent today. Note the spike in wholesale only commenced around Mon/Tue of last week, and it takes awhile for those changes to percolate into the actual pumps.
I actually may here in a bit document which states do continual price cycling, and which ones for the most part don’t, and when I note a likely upcoming increase those states and their cities are the ones you risk getting hosed by. Louisiana doesn’t, for the record.
This was in the Corpus Christi area.