Gas Spike
February 1st, 2013 at 4:37 am by Bill Steffen 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 |
| Suggestion | SPIKE | SPIKE | SPIKE | WATCH |
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.”
Here in Allegan, it went from a price rise to $3.59 and then boom…$3.75.!! Makes no-sense-except greed to me!!
I stopped looking at gas prices long time ago. Remember, it’s all about supply and demand.
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.
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!!
Michael, 2 weeks ago i Paid $3.37 NOW $3.75!!!! GOUGERS !!!! Thanks to G W BUSH and LE SNOW !!!!
Seriously? Bush hasn’t been president in over 4 years but you’re still going to blame him?
I blame it on Al Gore. He’s wearing the “Kick me” sign these days:-)
Bush…. lol too funny….
But as the market soars, so too will our prices rise.
It wouldn’t be a problem if paychecks soared too.
Ya, if our Paychecks soared we would be called…. TAKERS!!!!
EXACTLY!
Aww… Not this again.
INDY’ s Fault..( see GRaph ).