Sunday, January 15, 2012

Falling Wholesale Prices

Last week, the Lansing area saw a price hike to $3.69. Right as this occurred, the wholesale price for gas plummeted 13¢ per gallon, and we in turn saw prices fall to $3.57 or so (Speedway by Frandor is at $3.54). According to the folks at thegasgame.com, wholesale is continuing to fall. Unless markets rally upon opening on Tuesday (tomorrow is Martin Luther King Jr Day), hold off on getting gas as long as possible. We're not looking for a hike this week at this time.

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