Gas Spike

February 1st, 2013 at 4:37 am by under Bill's Blog, News, Weather

    I’m sorry I didn’t get this on before the spike…I got this a couple days ago from Ed.    I’ve been busy doing weather, so I hadn’t checked my personal email.  He was dead on with the spike.  Note the difference in “taxes and fees”.  That’s a reason that you’ll find gas cheaper along I-75 when you drive thru Ohio.

Spike Line Statistics for 1/31/2013

($USD) Indy, Indiana, Michigan
Chicago Spot $2.8332
Change UP $0.0523
USA Average $3.391


($USD) Indy Indiana Michigan Ohio
Taxes and Fees $0.7923 $0.7923 $0.8450 $0.5940
Rack Adjustment -$0.0433 -$0.0433 -$0.0366 $0.0549
Spike Line Price $3.5822 $3.5822 $3.6416 $3.4821
Average $3.5660 $3.5470 $3.5440 $3.5510
Spike Line Deviation -$0.0162 -$0.0352 -$0.0976 $0.0689

Could a spike be in our future? We already had one this week, on an odd day, too since Tuesday and Thursday are the typical spike days. Two in one week are pretty rare, too. But as the market soars, so too will our prices rise. Be on the lookout for a spike in the next couple days unless the market takes a dive.”

13 Responses to “Gas Spike”

  1. Allegan Joe says:

    Here in Allegan, it went from a price rise to $3.59 and then boom…$3.75.!! Makes no-sense-except greed to me!! :-(

  2. Larry from Hastings/Barry Co says:

    I stopped looking at gas prices long time ago. Remember, it’s all about supply and demand.

    1. Brian M says:

      Supply and demand my azz. The oil companies are making muti billons per quarte and that’s due to demands. Get your head out of there man. There just ripping of the consumers because THEY RUN THE WORLD NOT GOVERMENT, and they do what they please. Still everyone just goes with it. No boycotts no complaining,(wouldn’t do any good). THere is always an excuse. WE owe it to our stock holders. BP’s screwup. The barge that just lost 80.000 gallons of oil in the river.They do not pay for there screw ups they just raise the costs to the consumers util we have paid for it, not them.
      Hon they have slowed production at the refineries so they can raise the cost. Mark my word ($5.00.00 per galllon this summer) and still we will pay.

  3. michael g (SE GR) says:

    That G W Bush must be even more powerful than we thought! Still driving up those oil prices four years after he’s been out of office. Impressive!!

  4. Mindy ( Mason MI ) says:

    Michael, 2 weeks ago i Paid $3.37 NOW $3.75!!!! GOUGERS !!!! Thanks to G W BUSH and LE SNOW !!!!

    1. Tom H. says:

      Seriously? Bush hasn’t been president in over 4 years but you’re still going to blame him?

    2. Ned S. (Now in South Holland) says:

      I blame it on Al Gore. He’s wearing the “Kick me” sign these days:-)

  5. Cory says:

    Bush…. lol too funny….

  6. Tom H. says:

    But as the market soars, so too will our prices rise.

    It wouldn’t be a problem if paychecks soared too.

  7. Mindy ( Mason MI ) says:

    Ya, if our Paychecks soared we would be called…. TAKERS!!!!

    1. bobcat says:


  8. Mike (Mattawan) says:

    Aww… Not this again.

  9. Jack says:

    INDY’ s Fault..( see GRaph ). ;-)

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