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Author Topic: Brief note: Gas price hike occurring in MI, IN, OH, KY, and more Post a Reply Back to Topics
PD

Moderator
Message Posted: Jan 26, 2012 11:04:25 AM

Just a brief note to all of our followers, gasoline prices are rising in the Great Lakes today- something we monitor continuously. The FTC refers to this behavior as "price cycling" and that's what we're seeing today.

Many stations will be jumping to $3.45 in Michigan, $3.45 in Ohio, $3.45 in Indiana, and $3.45 in Kentucky. Watch out for price increases in Missouri, Minnesota, West Virginia, Wisconsin, and Illinois as well.

The increase comes as retail prices have fallen very quickly- in Michigan, Indiana, and Ohio, gasoline prices fell an average of 14-cents per gallon in the last week even while the national average rose. This was due to a supply condition in the Great Lakes, likely combined with news that Obama temporarily...

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REPLIES (newest first)
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tdimotor
Rookie Author Montreal

Posts:21
Points:7,520
Joined:Oct 2011
Message Posted: Jan 31, 2012 2:14:38 PM

welcome to the glogal mayhem. this is not the whole story. the quality of the north american gas and diesel is way lower than the one in europe. the octane and cetane rating in many grades lower. 87 oct doesn`t exist in europe it starts at 92 octanes the cheapest. and you can not even compare the fuel of the same octane rating because even octane ratings are different in n. america, much lower. so where is the famous cheap gas and the promissed cheap gas after iraq invasion. it`s the opposit!
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Sisu58
Champion Author Michigan

Posts:1,274
Points:355,280
Joined:Jun 2008
Message Posted: Jan 30, 2012 3:40:20 PM

Another lame excuse to raise prices, again.
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honda0105
Champion Author Tallahassee

Posts:18,623
Points:1,609,520
Joined:Nov 2008
Message Posted: Jan 30, 2012 5:51:18 AM

we jumped from 3.23 to 3.36 now it's 3.46 - in two weeks. NO excuse, other than just Pig Oil greed.
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Edpap
Champion Author Pennsylvania

Posts:4,330
Points:506,925
Joined:Oct 2011
Message Posted: Jan 27, 2012 5:40:50 PM

Price jumped to an average of $3.59 in the Somerset,Pa area today...was $3.49 yesterday.
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ejbuckeyes
Veteran Author Columbus

Posts:316
Points:64,845
Joined:Dec 2011
Message Posted: Jan 27, 2012 4:09:46 PM

Same old story
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kzrooster
Champion Author Kalamazoo

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Joined:Nov 2011
Message Posted: Jan 27, 2012 12:51:29 PM

I do not understand the eb and flow of gas prices. One day the cost of oil is less than $100 and there isn't a change in price a few days later it goes to $102 and we see a $0.25 hike, the gas that was in the tank yesterday is still there . . . but now work 0.25 more? please!
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kzrooster
Champion Author Kalamazoo

Posts:2,385
Points:516,750
Joined:Nov 2011
Message Posted: Jan 27, 2012 12:50:50 PM

I do not understand the eb and flow of gas prices. One day the cost of oil is less than $100 and there isn't a change in price a few days later it goes to $102 and we see a $0.25 hike, the gas that was in the tank yesterday is still there . . . but now work 0.25 more? please!
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Pete12
Champion Author Albany

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Message Posted: Jan 27, 2012 10:44:42 AM

This is all inexplicable . It makes no sense.
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cicio2000
Sophomore Author Chicago

Posts:214
Points:374,255
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Message Posted: Jan 27, 2012 9:36:43 AM

WTF does Obama have to do with this? Pure speculation. I heard that gas prices were rising because Gingrich molested a small boy. I also heard that gas prices likely rose because Romney murdered a woman. Seriously, all of you Obama haters need to really get off it. Prices go up (or anything happens), must be Obamas fault. Prices go down, hmmm...I'll just go over and check the latest celebrity news over here...la di da...
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lcleveland
Champion Author San Antonio

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Message Posted: Jan 27, 2012 9:02:47 AM

keeps going up
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Yooperheart
Champion Author Michigan

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Joined:Feb 2010
Message Posted: Jan 27, 2012 6:37:21 AM

Wonder if Berry will notice that the increase happened while he's visiting the campus in Ann Arbor, home of the Wolverines :- }
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tomok
Champion Author Portland

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Message Posted: Jan 27, 2012 5:40:00 AM

With the current administration in power, fuel prices will go up and we can’t do anything about it. Fuel prices seem to be going up everywhere. Thanks Barry!
Big oil and refineries export fuel and natural gas to other countries for additional profits. US natural resources that belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump.
The price of fuel at the pump is too high!
12/22/2012!
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WalRus49
Champion Author Boston

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Message Posted: Jan 27, 2012 3:49:51 AM

More organized mayhem and pillage........
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GasRJT
Champion Author Kansas

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Message Posted: Jan 27, 2012 2:22:42 AM

$2.98 a gallon in Kansas. Has not gone up yet.
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gatekeepertwo
Veteran Author Wilmington

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Joined:Mar 2011
Message Posted: Jan 27, 2012 1:31:42 AM

delware is going up too.
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Jan 27, 2012 1:25:21 AM

Surprise, surprise....
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el_fr
Champion Author Massachusetts

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Message Posted: Jan 27, 2012 12:28:45 AM

It's everywhere
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grandamgt1
Champion Author Illinois

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Message Posted: Jan 27, 2012 12:17:44 AM

Ridiculous.
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TXGasPriceSpy
Champion Author Fort Worth

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Message Posted: Jan 27, 2012 12:09:45 AM

You'll never forget the coming 2012 record breaking gas prices.
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gatekeepertwo
Veteran Author Wilmington

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Points:187,120
Joined:Mar 2011
Message Posted: Jan 27, 2012 12:03:19 AM

delware is going up too.
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bdlewis
Champion Author Colorado

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Message Posted: Jan 27, 2012 12:03:05 AM

R U surprised
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mpg611
Champion Author Cleveland

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Message Posted: Jan 27, 2012 12:00:41 AM

Pardon me as I wipe the shock look off my face.
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Beaveronparade
Champion Author Hartford

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Message Posted: Jan 26, 2012 11:59:55 PM

Prices up at my pumps today! : (
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cheap59
Champion Author Michigan

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Message Posted: Jan 26, 2012 11:58:39 PM

Nothing new.
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AUREOLAE
Champion Author Oakland

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Message Posted: Jan 26, 2012 11:58:02 PM

umm, just the midwest? Bay Area CA just saw prices jump at some stations by a dime.
R u kidding, Sammy? One of the neocons in the House? Won't happen. They're too far right, too rich, too privileged to appeal to Joe Lunchbucket. (not that Obama isn't any better, but as a choice, he won't do anything stupid that the "hawks" would.

In one case you say, "put one of them in" and in another, you say, "get rid of them all"

Make up your mind.
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tidalwave3
Champion Author Tallahassee

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Message Posted: Jan 26, 2012 11:55:08 PM

If U were a terrorist and wanted to take down the USA from the inside, what would you do?
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Holly123
Champion Author Charlotte

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Message Posted: Jan 26, 2012 11:54:35 PM

That's not the only states folks!
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SammyAdams
Champion Author Tallahassee

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Message Posted: Jan 26, 2012 11:52:31 PM

Let's just get rid of BO and NOT elect one of the Republican neocons in November. There is every reason to believe that BO is out of touch with reality or DELIBERATELY attempting to sack our economy. His State of the Union speech was hogwash! If he wanted to do something about the plight of the unemployed, it would have cost NOTHING to create thousands of jobs by just approving the Keystone XL pipeline as said by Kentucky's Junior Senator Rand Paul after the debate.

The Establishment Republicans (Santorum, Romney and Gingrich) will not offer anything better for the short or long haul, because they have given US the very problems that they are now offering a cure. Get rid of them ALL. Their campaign rhetoric is just that, something that is said to get elected.
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JimmyUnlimit3d
Sophomore Author Phoenix

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Message Posted: Jan 26, 2012 11:52:29 PM

nooo fml
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postcard9
All-Star Author Massachusetts

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Message Posted: Jan 26, 2012 11:51:41 PM

$3.45 here.
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nvwarped
All-Star Author Corpus Christi

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Joined:Sep 2011
Message Posted: Jan 26, 2012 11:49:39 PM

ok
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Rotorboy
Rookie Author Tucson

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Points:25,410
Joined:Jun 2011
Message Posted: Jan 26, 2012 11:48:48 PM

"What a bunch of B.S. Two stations raised their prices 30 cents in one hour! What about the gas still in their tanks? Time for big profits."

It is the type of accounting they use. They have to either price by stock on hand or price by stock available. Accounting laws require that they use one or the other and not switch back and forth between the two. Because they cannot separate their old stock from their new they are forced to use the second method. Therefor if there cost goes up, our cost go up at the same time. Not after their tanks go empty. It sucks but it's just the way it is. It also works the other way when gas does go down.
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paulydel
Champion Author Delaware

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Message Posted: Jan 26, 2012 11:42:48 PM

Iguess the forgot about the other 46 states unless you live in Obuma country then it would be 53 states.
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camaro_man
Champion Author Kitchener-Waterloo

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Message Posted: Jan 26, 2012 11:42:42 PM

k
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Vette1967
Champion Author Albany

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Message Posted: Jan 26, 2012 11:34:05 PM

Going up here too.
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sammy518
Champion Author Austin

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Joined:Dec 2010
Message Posted: Jan 26, 2012 11:33:30 PM

ok
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Old Timer
Champion Author Akron

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Message Posted: Jan 26, 2012 11:29:26 PM

Here we go again
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ACBL
Sophomore Author Wilmington

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Joined:May 2011
Message Posted: Jan 26, 2012 11:25:34 PM

ok
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69Bonne
Champion Author Gary

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Joined:Sep 2005
Message Posted: Jan 26, 2012 11:25:08 PM

What a bunch of B.S. Two stations raised their prices 30 cents in one hour! What about the gas still in their tanks? Time for big profits.
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gasaholicMO
Champion Author Missouri

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Message Posted: Jan 26, 2012 11:24:17 PM

Can't wait.
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viperND
Champion Author South Bend

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Message Posted: Jan 26, 2012 11:23:43 PM

yep, up from $3.12-$3.19 to $3.45 today. Good thing I gassed up yesterday.
!@#$%
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roadrunnin
Champion Author Richmond

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Message Posted: Jan 26, 2012 11:22:47 PM

Hopefully people filled up last week.
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ReginalUT
Rookie Author Ogden

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Message Posted: Jan 26, 2012 11:17:17 PM

Exactly why we need to stop giving oil companies incentives. They will continue to rob us blind until we stand up to them.
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jcpatriots
Champion Author Massachusetts

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Message Posted: Jan 26, 2012 11:16:26 PM

WHY?!?!?!?!?!?! WHAT IS THE REASON NOW?!
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Enstein
Champion Author Lansing

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Message Posted: Jan 26, 2012 11:16:15 PM

Keep voting for republicans and democrats, dummies. Republicans
and democrats are both responcible for this mess. Throw out all
the radical conservatives and radical liberals and elect all
moderates and independents. Conservatives and liberals suck.

[Edited by: Enstein at 1/26/2012 11:18:07 PM EST]
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tommiegIN
Sophomore Author Indiana

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Message Posted: Jan 26, 2012 11:15:04 PM

Whats new.
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boborobot
All-Star Author Michigan

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Message Posted: Jan 26, 2012 11:13:59 PM

Some didn't go up yet.
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abcdMA
Champion Author Worcester

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Message Posted: Jan 26, 2012 11:13:18 PM

prices are rising in the east
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goodbuy
Champion Author Michigan

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Message Posted: Jan 26, 2012 11:12:35 PM

yep, it went up.
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tippybuddy
Champion Author Ontario

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Joined:Feb 2011
Message Posted: Jan 26, 2012 11:08:45 PM

I found our town prices went down from 121.9 to 116.9 so that was nice hope it goes down more in days to come...but likely not
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