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Author Topic: Speedway latest gas price raise Back to Topics
albiek1976

Champion Author
Ohio

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Joined:Sep 2001
Message Posted: Nov 13, 2012 3:33:37 PM

That was an not needed gas price raise for Speedway, many stations have fallen 10+ cents. I hope it gets back to $3.359 or lower in less than a week
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Kingg116
Rookie Author Chicago

Posts:36
Points:28,620
Joined:Aug 2005
Message Posted: Oct 18, 2013 1:48:33 PM

The latest roller-coaster ride of gas prices must really start to make one wonder... Aside from pure greed or profitability (or perhaps poor management with high overhead costs?) I truly cannot see why there is such a huge discrepancy in pump price, even within the same local market. Shell at 3.749, while a couple others are as low as 3.299. Speedway, long being the one lone market that would typically be the lowest in the market, now seems to be the first to jack up their prices as soon as the wind blows, often backing off a few cents per day until the area prices settle again.

Makes my brain hurt.
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loboso
Champion Author Virginia Beach

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Points:425,355
Joined:Sep 2013
Message Posted: Oct 17, 2013 10:12:44 PM

i was hoping it broke the 3.00 price range
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AFOS
Champion Author Chicago

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Message Posted: Oct 17, 2013 9:27:22 PM

Sitting still is definitely not part of the way Speedway operates. One near me up 24¢ monday, down 16¢ Wednesday.
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Serenity 03
All-Star Author Michigan

Posts:785
Points:745,670
Joined:Dec 2003
Message Posted: Oct 17, 2013 4:25:52 PM

Somehow Michigan gas prices cant sit still. It goes up quick and trickles down slow 10-20 cent and shoots back up. I have heard at other states gas price are 30-40 cent lower than us. I'm sick of it.
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BuzzLOL
Champion Author Toledo

Posts:5,025
Points:57,985
Joined:Apr 2011
Message Posted: Dec 14, 2012 12:13:45 AM

.. I'm only buying from the stations that are under $3/gal. in this part of Ohio... $2.88 is lowest at moment...
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AFOS
Champion Author Chicago

Posts:34,822
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Message Posted: Dec 13, 2012 7:02:05 PM

Speedway's prices are falling like a rock around here.
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MIT05
Champion Author Massachusetts

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Message Posted: Dec 13, 2012 3:40:16 PM

not here.
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PithyOpiner
Champion Author Stockton

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Message Posted: Dec 13, 2012 12:27:21 PM

Hope? You gotta see Obama for Hope and Change. We don't deal in "hope" in this forum.
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MertieMan
Champion Author Lexington

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Message Posted: Dec 13, 2012 5:26:34 AM

Speedway is coming down in this area, I noticed a station yesterday at $3.05 plus per gallon.
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wshokie12
Champion Author Winston-Salem

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Message Posted: Dec 13, 2012 1:30:33 AM

Okay
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PithyOpiner
Champion Author Stockton

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Points:2,057,460
Joined:Jun 2008
Message Posted: Dec 8, 2012 8:20:56 PM

OceanArcher is confused again. Will somebody help him out? Please!
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OceanArcher
Champion Author Mississippi

Posts:8,190
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Message Posted: Nov 14, 2012 10:25:55 PM

Pricing dropped around here -- I'm confused
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Wrench45840
Rookie Author Ohio

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Points:32,385
Joined:Sep 2012
Message Posted: Nov 14, 2012 7:14:32 PM

Albie 4197 if you live in the 419 you should know beter Motherthon Petroleum needs to pad there pockets in there home area how else can you exsplain how gas can be 3.57 in Findlay and 3.38 15 miles south.
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AFOS
Champion Author Chicago

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Message Posted: Nov 14, 2012 1:28:37 PM

Speedway's needs may differ from yours but if they raised prices they felt they needed to. Most of the time they raise prices a big chunk after gradually falling pump prices and/or rising wholesale have diminished their pump margins to near zero (or less after credit card fees). If prices fall quickly after a hike, wholesale has probably started to drop big time. Or...you're in a hypercompetitive market where dealers just can't keep decent margins.

Anyway...if you're in a Speedway dominated market you just have to live with this constantly falling and then rising price cycle. If you learn to time things like I do, you probably pay less than in a market with slower price changes.

[Edited by: AFOS at 11/14/2012 1:31:56 PM EST]
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HeavyDuty_cache
Champion Author Omaha

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Points:3,057,780
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Message Posted: Nov 14, 2012 8:46:31 AM

Prices in my area are still going down. No sign of an increase.
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MertieMan
Champion Author Lexington

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Points:3,508,910
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Message Posted: Nov 14, 2012 5:33:00 AM

It is always Speedway in this area followed by Shell. Speedway which is owned by Marathon controls all prices in this area.
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seabrz7
Champion Author California

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Points:224,810
Joined:Feb 2012
Message Posted: Nov 14, 2012 12:53:53 AM

Sounds like a local area post. Prices still dropping in Calif. No speedways around here.
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1OILMAN
Champion Author Alabama

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Points:221,160
Joined:Mar 2011
Message Posted: Nov 13, 2012 4:12:22 PM

Must be that Ohio-Obama gas tax. I am retailing for $3.199, and falling.
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